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costco

US Hypermarket Chain Costco Sets Up in Shanghai

costco

2018/05/10 by Shawna Kwan Leave a Comment

American wholesale giant Costco is opening its first store in the world’s second-biggest economy, even as foreign retailers like Tesco and Lotte scale back their businesses in China due to market barriers and disappointing sales.

Costco inked an agreement with… Read More>>

American wholesale giant Costco is opening its first store in the world’s second-biggest economy, even as foreign … Read more>>>

ADIA Names Tom Arnold as Global Head of Real Estate

2018/05/10 by Greg Isaacson Leave a Comment

The Abu Dhabi Investment Authority (ADIA) has named Tom Arnold as global head of real estate, succeeding Bill Schwab, according to reports. Arnold currently serves as deputy global head and head of Americas real estate at the sovereign wealth fund… Read More>>

The Abu Dhabi Investment Authority (ADIA) has named Tom Arnold as global head of real estate, succeeding Bill Schwab, … Read more>>>

Gary Wong Chi-him Gaw

Gaw Could Turn Retail Centres into NGO Hubs and More Hong Kong Real Estate Headlines

Gary Wong Chi-him Gaw

2018/05/10 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, Goodwin Gaw’s Gaw Capital has announced plans to offer discounted rent for NGOs in a set of shopping centres acquired from Link REIT earlier this year, in a move that could counter public… Read More>>

Leading today’s Hong Kong real estate news, Goodwin Gaw's Gaw Capital has announced plans to offer discounted rent for … Read more>>>

Foreign Investors to Buy 20% of Aussie Offices and More Asia Real Estate Headlines

2018/05/10 by Greg Isaacson Leave a Comment

Leading today’s roundup, foreign investment in Australian commercial properties is still going strong, despite a plunge in Chinese capital flows last year. Also in the news, Macquarie Group’s infrastructure division has teamed up with South Korea’s largest wireless carrier to… Read More>>

Leading today's roundup, foreign investment in Australian commercial properties is still going strong, despite a plunge … Read more>>>

CPPIB, GIC Team Up to Buy Seoul Office Tower for $380M

2018/05/09 by Greg Isaacson Leave a Comment

The Canada Pension Plan Investment Board (CPPIB) has teamed up with Singaporean sovereign wealth fund GIC to buy a landmark office tower in Seoul for 418 billion won ($380 million). The global investment giants will each take a 50 percent… Read More>>

The Canada Pension Plan Investment Board (CPPIB) has teamed up with Singaporean sovereign wealth fund GIC to buy a … Read more>>>

Joey Yung Repulse Bay

Pop Star Joey Yung Buys HK$200M Home and More Hong Kong Real Estate Headlines

Joey Yung Repulse Bay

2018/05/09 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, Cantopop singer Joey Yung paid an estimated HK$200 million ($25 million) for a luxury home in Repulse Bay. Also in the headlines, you may not be able to buy a Michelin star, but… Read More>>

Leading today’s Hong Kong real estate news, Cantopop singer Joey Yung paid an estimated HK$200 million ($25 million) for … Read more>>>

Vivien Chen Nan Fung

Nan Fung Said Poised to Sell Kowloon Bay’s Octa Tower for HK$8B

Vivien Chen Nan Fung

2018/05/09 by Shawna Kwan Leave a Comment

Nan Fung Group is reportedly close to selling an office tower in Hong Kong’s Kowloon Bay area for HK$8 billion ($1 billion) to a mainland Chinese consortium. The deal, if closed, would be the second-largest real estate transaction in the… Read More>>

Nan Fung Group is reportedly close to selling an office tower in Hong Kong's Kowloon Bay area for HK$8 billion ($1 … Read more>>>

Sino Land and CSI Properties Win MTR Kowloon Site For $484M

2018/05/09 by Shawna Kwan Leave a Comment

Sino Land and CSI Properties have won the tender to develop a residential site in Yau Tong at the southeastern end of Kowloon for an estimated HK$3.8 billion ($484 million).

The tender for the Hong Kong site was awarded to… Read More>>

Sino Land and CSI Properties have won the tender to develop a residential site in Yau Tong at the southeastern end of … Read more>>>

Fosun JV Gets $350M Loan for NYC Tower and More Asia Real Estate Headlines

2018/05/09 by Greg Isaacson Leave a Comment

Leading today’s news roundup, Chinese conglomerate Fosun International and its JV partner in New York have landed a construction loan for a 66-storey luxury condo tower they are building a few blocks away from the Empire State Building. Also in… Read More>>

Leading today's news roundup, Chinese conglomerate Fosun International and its JV partner in New York have landed a … Read more>>>

M&G Said Close to Buying $1B Seoul Complex After KKR Drops Out

2018/05/08 by Greg Isaacson Leave a Comment

M&G Real Estate is poised to scoop up South Korea’s most expensive single property, as the arm of British insurer Prudential Plc will reportedly soon strike a deal to buy a new twin tower office complex in downtown Seoul for… Read More>>

M&G Real Estate is poised to scoop up South Korea's most expensive single property, as the arm of British insurer … Read more>>>

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