Asia real estate and outbound investment news
New World Development has sold its ownership interest in a pair of mid-market Hong Kong community malls to MTR Corporation for HK$3 billion ($380 million), according to a company announcement.
The developer said that it was disposing of its 50… Read More>>
Two of America’s largest mall owners are set to merge in a $3.6 billion deal as Simon Property Group moves to become the biggest retail landlord left standing with a takeover of competing NYSE-listed REIT Taubman Centers.
Simon Property Group… Read More>>
The manager of Hong Kong’s Link REIT is in talks with Intu Properties to buy equity in the UK shopping centre landlord, according to an announcement by the London-listed company, as the manager of the real estate investment trust conducts… Read More>>
Frasers Property announced today that it has agreed to buy the property manager of a Singapore commercial real estate portfolio, picking up the company from PGIM for an undisclosed amount.
The sale of AsiaMalls Management Pte Ltd by the real… Read More>>
Louis Vuitton is set to become the second major fashion brand to opt not to renew a lease in Hong Kong since the start of the city’s pro-democracy protests seven months ago, as retail sales plunge in the Asian financial… Read More>>
A Warburg Pincus-backed retail real estate venture in Indonesia chose the last day of 2019 to announce the year’s largest shopping centre acquisition, buying a set of five malls for approximately rupiah 1.74 trillion ($123.5 million).
Nirvana Wastu Pratama, better… Read More>>
ARA Asset Management has made its second investment in mainland China retail in just over six months with the joint acquisition of a shopping mall in Shanghai, as the property investment specialist bets on the country’s growing middle-income group to… Read More>>
A joint venture between Xander Group and Dutch pension fund manager APG has acquired a pair of shopping malls in India from Tata Realty for INR 7 billion ($100 million), according to an announcement.
The acquisition of the two Trilium-branded… Read More>>
Dalian Wanda Group has announced that it will be opening 17 Wanda Plaza shopping centers this month after China’s largest commercial real estate developer celebrated the opening of its 300th plaza in the Hubei provincial city of Xianning in late… Read More>>
As the Hong Kong property market stalls under the pressure of five months of protests, the Asian financial hub’s economic storm has become hunting season as the city’s “Shop King” makes his second opportunistic purchase in three months.
Tang Shing-bor,… Read More>>
