Category: Blog

Unlocking Property Management Success
  • August 28, 2024

Unlocking Property Management Success: Ensuring Compliance and Accuracy

Property management plays a crucial role in ensuring that properties are maintained, tenant relationships are managed, and compliance with various regulations is met. More importantly, property management is a multifaceted field requiring a delicate balance of administrative control, strategic foresight, and a deep understanding of legal regulations. Success in this industry hinges not only on […]
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Talent Management in Property Management
  • July 29, 2024

Talent Management in Real Estate

Today’s traditional employment relations are changing rapidly. In the digital era, HR functions have been undergoing a fundamental transformation as the widespread use of technology and AI have had a significant impact on how people live their lives and how companies make decisions. Traditional HR management is focused on hiring, training, compensation, and evaluation. However, […]
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The Future of Commercial Real Estate: Impacts and Applications of AI
  • June 24, 2024

The Future of Commercial Real Estate: Impacts and Applications of AI

Traditional methods of running a real estate or property management company such as underwriting, conducting due diligence, and managing properties, are predominantly manual and people-focused. In the era of AI, Generative AI has been increasingly adopted in various industries such as the financial industry and the healthcare industry. The adoption and application of AI in […]
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  • April 25, 2024

HR Challenges and Solutions in Commercial Real Estate for 2024

The rapidly transforming business landscape in the Real Estate and Property Management Industry means that there are several human resource management challenges that will continue to evolve in the future. Human resource management is an essential driver to the success of the real estate sector and the property management industry. Human-related factors and human resources […]
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418 Rule Relaxed
  • March 27, 2024

“418” Rule Relaxed: Everything Employers Need to Know

After years of debate, the Government has announced to ease the “continuous contract” requirement (known as the “418” rule) under the Employment Ordinance in February 2024. The Labour Advisory Board (LAB) has reached a consensus that the 418 rule is to be relaxed by using aggregate working hours of four weeks as a counting unit […]
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Corruption Prevention Guide on Procurement for Public Bodies
  • February 27, 2024

Corruption Prevention Guide on Procurement for Public Bodies

Over one hundred organizations are designated by the law as public bodies in Hong Kong. These public bodies provide public services, receive substantial public funds or are being placed in a position of special trust by the Government. Considering these organizations have been increasingly entrusted to assume a boarder array of public functions over the […]
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BEPS 2.0: Hong Kong to Implement Global Minimum Tax in 2025
  • January 26, 2024

BEPS 2.0: Hong Kong to Implement Global Minimum Tax in 2025

Hong Kong joined more than 130 jurisdictions in committing to implementing BEPS 2.0 in 2021. The Financial Secretary announced in the 2023-24 Budget that Hong Kong will apply the global minimum effective tax rate of 15 per cent on in-scope multinational enterprise (MNE) groups starting from 2025 onwards. On 21 December 2023, the Hong Kong […]
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8 Key Business Trends in 2024
  • December 27, 2023

8 Key Business Trends in 2024

2024 is around the corner and comes with new challenges and changes. The business landscape is evolving rapidly, it is necessary for companies to strategically plan for the year ahead to stay on top of emerging trends and innovations to bolster revenue and business resilience.  In an era where technology is advancing at a breakneck […]
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ESG Challenges Facing Real Estate Companies — and How to Overcome Them
  • November 24, 2023

ESG Challenges Facing Real Estate Companies — and How to Overcome Them

Environmental, Social and Governance (ESG) is playing a much more prominent role in a company’s business framework. Today’s companies have understood the importance of embedding ESG considerations into every stage of decision-making, but there are several challenges they encounter while developing and executing their ESG strategy.   According to KPMG’s 2022 ESG survey, 57% of […]
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