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HK's top real estate agency says cuts 20 pct staff (Reuters via Yahoo! Malaysia News) image

HK's top real estate agency says cuts 20 pct staff (Reuters via Yahoo! Malaysia News)


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•October 14, 2008
7:00 pm 
   
HK's top real estate agency says cuts 20 pct staff (Reuters via Yahoo! Malaysia News) art

HONG KONG, Oct 14 (Reuters) – Hong Kong’s leading local real estates agency, Centaline Property Agency Ltd, said on Tuesday it plans to close up to 50 shops and cut 20 percent of its staff, the latest sign of a rapid downturn in the city’s property market dented by the global financial crisis.

Source:HK's top real estate agency says cuts 20 pct staff (Reuters via Yahoo! Malaysia News)


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