The seventh session of the independent inquiry into last year’s fire at Wang Fuk Court – Hong Kong’s deadliest in decades – is under way with the focus turning to ISS EastPoint, the estate’s property management firm. The blaze, which started on November 26 last year and raged through seven of Wang Fuk Court’s eight…
Ted and Jamie Garber have built their real estate portfolio around one main goal: generating cash flow. “Each rental needs to shed cash flow immediately and, on average, pay back our initial investment within three to six years,” Ted told Business Insider. Between their 15 commercial and residential investment properties along the Space Coast of…
A three-year-old boy in China has shocked the nation after he miraculously survived an 18-storey fall from his residential building, thanks to a tree that broke his fall. As a mark of gratitude, the boy’s father later adorned the tree with a large red flower. The incident unfolded on July 15 in Hangzhou, Zhejiang province,…
A Chinese factory worker was left heartbroken and financially devastated after his fiancée, who claimed to be a military officer, vanished after allegedly fleecing him and his family out of 650,000 yuan (US$91,000). The 30-something man, surnamed Ji, who had only met the woman a handful of times over an eight-year period, had been under…