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Christian Lee WeWork

WeWork Gears Up for 8-City Push into South China, Second-Tier Markets

Christian Lee WeWork

2018/02/07 by Shawna Kwan Leave a Comment

Global co-working space giant WeWork will expand into eight more cities in China this year, said Christian Lee, Managing Director of WeWork Asia at a press conference in Hong Kong.

With a combined ten centres in mainland China at present,… Read More>>

Global co-working space giant WeWork will expand into eight more cities in China this year, said Christian Lee, Managing … Read more>>>

Bubble Tea and Lipstick in the Mix as Pradera Lures China’s Post-Millennials Back to East Nanjing Road

2018/02/06 by Shawna Kwan Leave a Comment

One of the best-known retail centres from Shanghai’s 1930s heyday may soon be pulling China’s post-millennial shoppers back to what was once China’s hippest retail centre. As part of a revival of a heritage department store on Shanghai’s historic East… Read More>>

One of the best-known retail centres from Shanghai's 1930s heyday may soon be pulling China's post-millennial shoppers … Read more>>>

Alibaba Makes Make-Up Shoppers Smarter With Virtual Reality Dressing Room in Hangzhou

2018/02/06 by Shawna Kwan Leave a Comment

Indecisive shoppers can now sample, try out and purchase lipstick, mascara and other cosmetics in the dressing room armed with just a smartphone, but only in the eastern Chinese city of Hangzhou.

The virtual reality make-up trials are a real… Read More>>

Indecisive shoppers can now sample, try out and purchase lipstick, mascara and other cosmetics in the dressing room … Read more>>>

HKMA Holds Firm on “Spicy” Policies and More Hong Kong Real Estate Headlines

2018/02/06 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, the city’s de facto central bank rejected calls from lawmakers to relax mortgage policies, saying the housing market is still too hot. Also in the headlines, even Hong Kong’s securities regulator may find… Read More>>

Leading today’s Hong Kong real estate news, the city’s de facto central bank rejected calls from lawmakers to relax … Read more>>>

Amara CEO Albert Teo

Singapore’s Amara Launches First Luxury Hotel in Shanghai

Amara CEO Albert Teo

2018/02/06 by Shawna Kwan Leave a Comment

Singapore’s Amara Holdings bought a plot of land in Shanghai’s Puxi district in 1996, and more than two decades later, the property and hospitality group is marking its official debut in China with the launch of a 30-storey luxury hotel… Read More>>

Singapore’s Amara Holdings bought a plot of land in Shanghai’s Puxi district in 1996, and more than two decades later, … Read more>>>

China Mulls Legal Gambling on Hainan and More Asia Real Estate Headlines

2018/02/06 by Greg Isaacson Leave a Comment

Leading today’s roundup, Chinese authorities are said to be drafting a proposal to allow gambling on Hainan, a landmark policy move that could turn the island province into another Macau. Also in the headlines, logistics giant GLP is selling some… Read More>>

Leading today's roundup, Chinese authorities are said to be drafting a proposal to allow gambling on Hainan, a landmark … Read more>>>

Alibaba and State-Backed Partner Take $1.2B Stake in Wanda Theatre Business

2018/02/06 by Greg Isaacson Leave a Comment

Dalian Wanda Group is selling a nearly 13 percent stake in its 500 domestic movie theatres to Alibaba Group and a state-backed firm for RMB 7.8 billion ($1.24 billion), as Wang Jianlin offloads another piece of his property-to-entertainment conglomerate.

Under… Read More>>

Dalian Wanda Group is selling a nearly 13 percent stake in its 500 domestic movie theatres to Alibaba Group and a … Read more>>>

Zhu Jiusheng Vanke

China Vanke Opens 2018 with RMB 68B in Sales to Notch Biggest Month Ever

Zhu Jiusheng Vanke

2018/02/05 by Shawna Kwan Leave a Comment

From the GLP buyout to the acquisition of CapitaLand’s malls, China Vanke has been stealing the spotlight in the past few months. The Shenzhen-based developer has now grabbed headlines again by announcing RMB 67.98 billion ($10.8 billion) of sales for… Read More>>

From the GLP buyout to the acquisition of CapitaLand’s malls, China Vanke has been stealing the spotlight in the past … Read more>>>

Daniel Wong Midland

HK Commercial Deals Jump 170% in January as Demand for Assets Surges

Daniel Wong Midland

2018/02/05 by Shawna Kwan Leave a Comment

Hong Kong saw HK$16.3 billion ($2.1 billion) worth of commercial property transactions in January, surging 170 percent year-on-year and representing the second-highest monthly total in nearly five years, according to commercial property agency Midland IC&I.

The figure falls short of… Read More>>

Hong Kong saw HK$16.3 billion ($2.1 billion) worth of commercial property transactions in January, surging 170 percent … Read more>>>

Asia Real Estate People in the News 2018-02-05

2018/02/05 by Greg Isaacson Leave a Comment

At the top of this week’s edition of People in the News, an award-winning hotel designer has joined the hospitality team of the world’s largest design firm in Shanghai, and a fast-growing Thai developer has just hired a residential pro… Read More>>

At the top of this week's edition of People in the News, an award-winning hotel designer has joined the hospitality team … Read more>>>

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