Asia real estate and outbound investment news
The largest Apple Store in Asia was opened this weekend in Beijing’s Wangfujing area, but unlike previous Apple-paloozas in China’s capital, no mass incidents occurred and shoppers were able to feed their compulsions undisturbed.
Although the store is Apple’s third… Read More>>
The opportunities and risks of China’s retail market were illustrated again this week as Tesco announced the closing of four outlets in China on the same day that IKEA announced an aggressive expansion plan in the country.
In an announcement… Read More>>
H&M reports that it is closing its downtown Hong Kong flagship store in the face of a 100% increase in rent since it moved in five years ago.
As the Wall Street Journal documented this week, the Swedish fast-fashion giant’s 3,000… Read More>>
China will have more shopping centre space than Western Europe in 5 to 10 years, as developers race to build glitzy malls for the country’s fast-growing middle classes, according to a recent report by real estate consultancy CBRE.
However, while… Read More>>
The retail centre of eastern China may have started shifting slightly to the west today, as Singaporean retail developer CapitaMalls broke ground on what is planned to be the region’s largest shopping mall in Suzhou.
The development, which will have… Read More>>
Yet more proof that China is becoming the retail capital of the world this week as two more major retail brands announced new shops in the country.
First, American jeweler to the stars, Harry Winston brought the bling to China… Read More>>
Given the double-digit growth in consumer spending in China over the last few years, it is no surprise that retail real estate is generally regarded as the hottest sector of the country’s property market. Unless, of course, you are Canadian.
As… Read More>>
The extent to which China’s real estate restrictions are forcing consolidation in the industry was underlined yesterday when debt-saddled developer Greentown announced that its Greentown Plaza project in Shanghai’s Hongqiao area would be sold to SOHO China for RMB 2.14… Read More>>
One of the world’s biggest holes started to be dug on Saturday in Tianjin Binhai New Area in preparation for building a shopping mall larger than 74 football fields in this northern Chinese city.
When complete in 2013, SM Tianjin Shopping… Read More>>
Hong Kong property developer Wharf announced today that it would be raising the size of its bond offering to US$600 million to meet demand from buyers. The bond deal, which was first announced on January 30th, met with overwhelming response… Read More>>
