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Jeffrey Perlman warburg pincus

Indonesia’s NWP Retail Raises $200M From KTCU, CITIC and Warburg Pincus

Jeffrey Perlman warburg pincus

2019/02/11 by Jesus Alcocer Leave a Comment

Indonesian mall developer and operator NWP Retail on Monday announced that it had received $200 million in investment from the Korean Teacher’s Credit Union (KTCU) and a fund managed by CITIC Securities, as well as from its primary backer, Warburg… Read More>>

Indonesian mall developer and operator NWP Retail on Monday announced that it had received $200 million in investment … Read more>>>

James Chou Arch Capital

Arch Capital Snags Taiwan Mall for $450 Million in JV Deal

James Chou Arch Capital

2018/12/20 by Vincent Morkri Leave a Comment

Hong Kong-based Arch Capital Property Advisors has spread its investment wings into Taiwan’s commercial sphere, acquiring the Taimall Shopping Center in Taoyuan for about NT$13.8 billion ($450 million) on behalf of an unidentified institutional investor, who partnered with Taiwanese investment trust… Read More>>

Hong Kong-based Arch Capital Property Advisors has spread its investment wings into Taiwan's commercial sphere, … Read more>>>

Russell Street Hong Kong

HK’s Causeway Bay Again Home to World’s Priciest Shopping Street

Russell Street Hong Kong

2018/11/15 by Emma Zhou Leave a Comment

Russell Street in Hong Kong’s Causeway Bay outstripped Fifth Avenue in Manhattan to become the world most expensive retail street for the first time in five years, according to a survey of retail locations released this week.

Shops and mall… Read More>>

Russell Street in Hong Kong’s Causeway Bay outstripped Fifth Avenue in Manhattan to become the world most expensive … Read more>>>

Canali Wheelock House

Mainland Bank Leases Storefront in Central’s Wheelock House at 55% Discount

Canali Wheelock House

2018/11/08 by Emma Zhou Leave a Comment

China’s Bank of Communications appears to be taking advantage of a sustained slide in Hong Kong retail rents to expand its footprint in the city’s Central district at a rent less than half of what an earlier tenant paid for… Read More>>

China’s Bank of Communications appears to be taking advantage of a sustained slide in Hong Kong retail rents to expand … Read more>>>

Nick Travaglini, Vice President for Taubman Asia

Taubman South Korean Project Takes Gold Award at ICSC Asia Event

Nick Travaglini, Vice President for Taubman Asia

2018/11/05 by Jan Kot Leave a Comment

The Asian arm of US mall operator Taubman Centers has won recognition for its achievements in the design and development creativity of the Starfield Hanam Shopping Center in South Korea, according to a media release.

Taubman Asia took home a… Read More>>

The Asian arm of US mall operator Taubman Centers has won recognition for its achievements in the design and development … Read more>>>

Pony Ma Tencent

Tencent Forms RMB 1.2B Greater China Grocery JV with ParknShop and Yonghui

Pony Ma Tencent

2018/10/29 by Jan Kot Leave a Comment

Chinese internet giant Tencent is forming a RMB 1.2 billion (US$170 million) grocery joint venture with Shanghai-listed supermarket operator Yonghui Superstores and Hong Kong’s ParknShop, according to a joint statement by the three companies.

The move will further boost Tecent’s… Read More>>

Chinese internet giant Tencent is forming a RMB 1.2 billion (US$170 million) grocery joint venture with Shanghai-listed … Read more>>>

pony ma tencent

Tencent Ties Up with Sun Hung Kai to Push Mobile Payment in Hong Kong

pony ma tencent

2018/10/22 by Emma Zhou Leave a Comment

Technology giant Tencent has expanded its network of cooperation agreements with property firms to Hong Kong with the maker of the mainland’s ubiquitous WeChat app last week announcing a partnership with Sun Hung Kai Properties.

Tencent is now working with… Read More>>

Technology giant Tencent has expanded its network of cooperation agreements with property firms to Hong Kong with the … Read more>>>

Link Asset Management CEO George Hongchoy

Blackstone Said Buying 10 HK Retail Assets From Link REIT for $1.28B

Link Asset Management CEO George Hongchoy

2018/10/12 by Emma Zhou Leave a Comment

Blackstone is acquiring a set of ten community retail properties in Hong Kong from Link REIT for HK$10 billion ($1.28 billion), according to an account in the city’s Ming Pao newspaper, citing sources familiar with the transaction.

The reported retail… Read More>>

Blackstone is acquiring a set of ten community retail properties in Hong Kong from Link REIT for HK$10 billion ($1.28 … Read more>>>

samuel chu Phoenix Property

Phoenix Buys Three HK Shopping Centres From Wheelock for HK$3.38B

samuel chu Phoenix Property

2018/10/09 by Emma Zhou Leave a Comment

Blue chip Hong Kong developer Wheelock and Co has sold a trio of retail properties in the city’s Tseung Kwan O area to private equity fund manager Phoenix Property Investors for HK$3.38 billion ($432 million), according to an announcement issued… Read More>>

Blue chip Hong Kong developer Wheelock and Co has sold a trio of retail properties in the city’s Tseung Kwan O area to … Read more>>>

Pony Ma Tencent

Tencent, Hillhouse Agree to $145M O2O Retail Deal With Miniso

Pony Ma Tencent

2018/10/05 by Emma Zhou Leave a Comment

Tencent and Hillhouse Capital have signed a RMB 1 billion ($145.6 million) strategic investment agreement with Japanese-style retailer Miniso, according to an announcement by the Guangzhou-based company on Monday.

“The investment of Tencent and Hillhouse Capital will help the future… Read More>>

Tencent and Hillhouse Capital have signed a RMB 1 billion ($145.6 million) strategic investment agreement with … Read more>>>

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