Asia real estate and outbound investment news
While upscale retailers have scored win after win with Chinese consumers, in one of the country’s most fabled financial centres, luxury brands are acknowledging a major fail.
Left derelict before China’s economic reforms took hold, Shanghai’s Bund district… Read More>>
Maybe the new surfer’s paradise is the smoggy, landlocked capital of China, as surf-wear retailer Hollister opened its fifth China location on Saturday in Beijing.
The casual fashion brand, which is owned by Abercrombie & Fitch opened its first two… Read More>>
According to local media reports, Beijing’s second Apple store is under construction in Beijing and should open before the end of the year.
The reported future Apple outlet is apparently being built in Beijing’s China Central Place Shopping Center in… Read More>>
According to a recent report from real estate consultancy CBRE the number of shopping centres in development worldwide is up 15 percent compared to a year ago and more than half of the projects are in China.
The current pipeline… Read More>>
Philippine mall developer SM Prime has opened its fifth shopping centre in China with Friday’s debut of SM City Chongqing. The new mall is located in Yubei district of the western Chinese mega-city and has a gross floor area of… Read More>>
According to informed sources, a Morgan Stanley managed real estate fund is wrapping up negotiations to sell the Life Hub @ Jinqiao office and retail project in Shanghai’s Pudong district for between RMB 3 billon and RMB 3.5 billion.
While… Read More>>
Wal-Mart announced on Thursday that it would be scaling back its rate of expansion in China over the next three years, as it plans to open 100 stores between now and the end of 2015.
Wal-Mart Stores Inc, which is… Read More>>
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>>
