Two news items today provided conflicting stories on the returns available for investors in China’s emerging cities. First CBRE issued a new research report showing high vacancy levels for office developments in China’s second and third-tier cities, while on the… Read More>>
According to media reports on March 22nd, floors 69, 70, and 71 of the Shanghai World Financial Centre (SWFC), the tallest building in Shanghai, were sold for a total of RMB 769 million. Given the size of floors sold, the… Read More>>
An HSBC Specialist Investments-managed fund has teamed up with Tesco and the Singapore-listed Metro Holdings to buy three shopping malls in China for $280m.
The second joint-venture investment between the HSBC NF China Real Estate Fund, Metro and Tesco, has… Read More>>
Treasury Holdings today announced that a 10 year lease pre-commitment for 3,768 square metres of retail space has been secured from global retail chain Marks & Spencer as an anchor tenant of its City Center property in Shanghai.
Marks &… Read More>>
Treasury Holdings Real Estate Pte Ltd, Trustee Manager of Treasury China Trust (“TCT”) and one of China’s leading commercial property players, today announced that it has entered into a binding contract to acquire 100% of the Huai Hai Mall in… Read More>>
According to a report in the Oriental Morning Post, Best Buy will close its own-branded shops in China, effective February 22nd.
As reported here earlier this month, the US retail electronics giant has been struggling to compete in the Chinese… Read More>>
Apple continued its rapid expansion into China’s retail sector by announcing last week the opening of its third outlet in Shanghai.
In a statement from Ron Johnson, the company’s senior vice president of retail operations that was reported in the… Read More>>
Reason #573 Why I Am Living in China
America continues to cheer the decay of its infrastructure under the guise of tax reduction, while China invests in better transportation. The kind of transportation that once upon a time fueled America’s… Read More>>
Two stories published this week about Best Buy’s operations in China paint disparate pictures of the company’s future in the market. The US electronics retail giant opened its first store in China in 2006, but apparently has fallen well short… Read More>>
As was widely expected, on Tuesday China’s central bank used the Lunar New Year holiday as an occasion to raise interest rates for the third time since October. The measure is the latest in a series of moves to tame… Read More>>