Asia Pacific real estate investment news and information
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>>
Even a few days after the latest measures to cool China’s property market were introduced, the direction of real estate prices was still making news this week, as Premier Wen Jiabao addressed the topic in his Spring Festival speech.
Premier… Read More>>
Singapore’s pattern of investing in cities linked to initiatives from its own government continued this week as Reco Yizhong, an affiliate of Government of Singapore Investment Corp Real Estate (GIC) teamed with a Singapore-listed Chinese property developer to acquire a… Read More>>
Taiwanese retailer BuyNow announced their latest expansion into China on January 31st with news of purchase of a site in Suzhou, as well as acquistion of existing retail facility in Huizhou, Guangdong.
Buynow’s parent, Taiwanese computer maker Clevo purchased the… Read More>>
The ongoing fight against inflation got more interesting this week when a Chinese government body issued a purchasing managers index (PMI) showing prices dropping, while HSBC issued their own PMI for China showing prices continuing to rise.
For observers concerned… Read More>>
On January 30th, Shanghai’s first land auction after the introduction of the property tax saw state-owned real estate developers undeterred in their appetite for new sites. At the auction, Greenland Group acquired a 106,000 sqm parcel zoned for mixed-used… Read More>>
