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Steven Zhang Suning

Suning Buys 61 Guangzhou Circle K Stores From Hong Kong’s Fung Group

Steven Zhang Suning

2019/08/07 by Jan Kot Leave a Comment

One more global retail giant has retreated from the mainland China market in the face of growing local competition as a unit of Nanjing-based Suning announced this week that it has taken over a chain of convenience stores from Hong… Read More>>

One more global retail giant has retreated from the mainland China market in the face of growing local competition as a … Read more>>>

Eric Shen VIPShop

Tencent-Backed Vipshop Buys Five China Outlet Malls for RMB 2.9B

Eric Shen VIPShop

2019/07/14 by Jan Kot Leave a Comment

China’s online retail giants continued their invasion of the physical shopping world this past week as a fashion ecommerce player backed by Tencent and JD.com agreed to buy an outlet mall chain for RMB 2.9 billion ($422 million).

New York… Read More>>

China's online retail giants continued their invasion of the physical shopping world this past week as a fashion … Read more>>>

Zhang Jindong Suning

Suning Buys Carrefour’s China Operation Off the Discount Shelf at RMB 4.8B

Zhang Jindong Suning

2019/06/24 by Jan Kot Leave a Comment

Chinese retailer Suning.com has agreed to buy an 80 percent stake in Carrefour Group’s China unit for RMB 4.8 billion ($699 million) in cash, according to an announcement to the Shenzhen stock exchange.

The agreement paves the way for the… Read More>>

Chinese retailer Suning.com has agreed to buy an 80 percent stake in Carrefour Group’s China unit for RMB 4.8 billion … Read more>>>

Vincent Lo Shui On

Shui On’s SOCAM Ready to Flip Kowloon East Ginza Building for HK$386M

Vincent Lo Shui On

2019/06/24 by James Hatton Leave a Comment

Vincent Lo’s SOCAM Development Limited is ready to sell off a commercial building in Hong Kong at a nearly 12 percent mark-up over what it paid to acquire the Kowloon East asset just six months ago, according to an announcement… Read More>>

Vincent Lo’s SOCAM Development Limited is ready to sell off a commercial building in Hong Kong at a nearly 12 percent … Read more>>>

Lucas Loh CapitaLand

CapitaLand Sells 3 China Shopping Malls to REIT for $430M

Lucas Loh CapitaLand

2019/06/11 by James Hatton Leave a Comment

CapitaLand has entered into an agreement to offload three mainland community malls to CapitaLand Retail China Trust (CRCT) for RMB 2.96 billion ($430 million), according to an announcement to the Singapore stock exchange.

This is the second divestment of China… Read More>>

CapitaLand has entered into an agreement to offload three mainland community malls to CapitaLand Retail China Trust … Read more>>>

2019-05-30 FAO Schwarz image soldiers

HK-listed Toy Retailer Brings NYC’s FAO Schwarz to China

2019-05-30 FAO Schwarz image soldiers

2019/05/30 by James Hatton Leave a Comment

One of the world’s oldest toy companies, FAO Schwarz, has opened its first store in China, bringing the Manhattan icon to a country better known for being a toy exporter.

Kidsland International Holdings Limited, which has a market capitalisation of… Read More>>

One of the world’s oldest toy companies, FAO Schwarz, has opened its first store in China, bringing the Manhattan icon … Read more>>>

alvin loo ara asset management

ARA Teams Up with CICC Capital to Buy Chengdu Mall From Tishman Speyer Fund

alvin loo ara asset management

2019/05/28 by Michael Cole Leave a Comment

After selling a pair of mainland commercial properties late last year for a combined RMB 5.56 billion, Singapore’s ARA Asset Management this month entered into a joint venture to buy a Chengdu retail property from a Tishman Speyer-managed fund.

For… Read More>>

After selling a pair of mainland commercial properties late last year for a combined RMB 5.56 billion, Singapore’s ARA … Read more>>>

John Pattar KKR

Hong Kong’s Wang On Forms HK$653M JV With KKR for Ma On Shan Shopping Centre

John Pattar KKR

2019/05/07 by Jan Kot Leave a Comment

US private equity giant KKR has agreed to take a 50 percent equity interest in a Hong Kong retail asset owned by Wang On Group and its development affiliate Wang On Properties in return for a total consideration of HK$180… Read More>>

US private equity giant KKR has agreed to take a 50 percent equity interest in a Hong Kong retail asset owned by Wang On … Read more>>>

Wang On Tang Ching Ho

Angelo, Gordon-Chellaram JV Selling Hong Kong Retail Podium to Wang On for HK$780M

Wang On Tang Ching Ho

2019/05/05 by Jan Kot Leave a Comment

A joint venture between US real estate fund manager Angelo Gordon and a Hong Kong family office serving one of the region’s oldest shipping families has agreed to sell a retail property in the New Territories’ Tseung Kwan O area… Read More>>

A joint venture between US real estate fund manager Angelo Gordon and a Hong Kong family office serving one of the … Read more>>>

pua seck guan perennial

Perennial and SPH Sell Singapore Mall to Mitsubishi-CLSA Fund in S$520M Deal

pua seck guan perennial

2019/04/22 by Jan Kot Leave a Comment

Singapore’s Perennial Real Estate Holdings and a consortium of investors including Singapore Press Holdings (SPH) have agreed to sell a retail complex in the city’s Chinatown precinct for S$520 million ($383.28 million), the listed companies announced on Monday.

Under the… Read More>>

Singapore’s Perennial Real Estate Holdings and a consortium of investors including Singapore Press Holdings (SPH) have … Read more>>>

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