Asia real estate and outbound investment news
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>>
China’s government is encouraging consumer spending — on everything except housing, so it makes sense that the country’s residential real estate developers are diversifying their investments.
For Evergrande that means making a deal with the government of Harbin to develop… Read More>>
As we get ready for another long spring festival holiday here in China, the top guys in the Beijing government may just be getting a slightly larger hong-bao than usual in return for their success in achieving one of 2011’s… Read More>>
While there seem to be a growing number of pessimists regarding China’s economic outlook for the coming year, Carrefour is among the many foreign retailers planning to expand their operations in China during 2012.
According to an anonymous source within… Read More>>
