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Jack Ma Hema

Alibaba Inks Deal With Five of China’s Top 10 Developers to Expand Hema Supermarkets

Jack Ma Hema

2018/04/01 by Michael Cole Leave a Comment

Mainland ecommerce giant Alibaba revealed late last week that it has signed a cooperation agreement with five of China’s top 10 property developers to expand its Hema smart supermarket chain on the mainland.

The agreement between the Alibaba online to… Read More>>

Mainland ecommerce giant Alibaba revealed late last week that it has signed a cooperation agreement with five of China’s … Read more>>>

Liu Qiangdong JD.com

JD.com Takes Cornerstone Stake in IPO of First China Outlet Mall REIT

Liu Qiangdong JD.com

2018/03/09 by Shawna Kwan Leave a Comment

Chinese e-commerce giant JD.com continues to expand its brick-and-mortar empire, building on its existing ventures in physical supermarkets and convenience stores by taking a cornerstone stake in the IPO of one of the mainland’s largest outlet mall chains.

JD.com is… Read More>>

Chinese e-commerce giant JD.com continues to expand its brick-and-mortar empire, building on its existing ventures in … Read more>>>

Jingdong FamilyMart

JD.Com Ties Up With FamilyMart to Rush Duck Neck and Stinky Tofu to Mainland Couch Potatoes

Jingdong FamilyMart

2018/03/01 by Shawna Kwan Leave a Comment

China’s second-ranking e-commerce platform, JD.com, is now the country’s number one couch potato enabler, serving up fast food, Oreos and stinky tofu straight from the nearest FamilyMart convenience store to the comfort of every Internet user’s living room.

Under the… Read More>>

China's second-ranking e-commerce platform, JD.com, is now the country's number one couch potato enabler, serving up … Read more>>>

Swire’s Pudong Mall Project Moves Forward With $213M Purchase of JV Stake

2018/02/28 by Shawna Kwan Leave a Comment

After opening its HKRI Taikoo Hui mall at 90 percent occupancy in November, Swire Properties is set to develop its second retail project in Shanghai. The latest venture for the Hong Kong-based builder is in Pudong’s Qiantan Area, an international… Read More>>

After opening its HKRI Taikoo Hui mall at 90 percent occupancy in November, Swire Properties is set to develop its … Read more>>>

Allan Lee Pamfleet

Pamfleet Fund Puts Kowloon Mall on the Market With $128M Price Tag

Allan Lee Pamfleet

2018/02/28 by Shawna Kwan Leave a Comment

A real estate investment fund managed by Andrew Moore’s Pamfleet is putting up for tender a retail center in Kowloon’s Lai Chi Kok with an asking price of HK$1 billion ($128 million). The tender follows the company’s $217 million sale… Read More>>

A real estate investment fund managed by Andrew Moore's Pamfleet is putting up for tender a retail center in Kowloon’s … Read more>>>

GIC, Vanke Win Shanghai Shopping Mall Site for $111M

2018/02/26 by Shawna Kwan Leave a Comment

Singapore’s sovereign wealth fund GIC has teamed up with homebuilder China Vanke to win a plot of land in Shanghai for RMB 702 million ($111 million), which the partners plan to develop into a high-end shopping centre.

GIC subsidiary RECO… Read More>>

Singapore's sovereign wealth fund GIC has teamed up with homebuilder China Vanke to win a plot of land in Shanghai for … Read more>>>

la perla thumbnail

Causeway Bay Landlord May Evict La Perla After Lingerie Shop Skimps on $1.2M in Rent

la perla thumbnail

2018/02/23 by Shawna Kwan Leave a Comment

Italian lingerie brand La Perla is poised to lose its flagship store in Hong Kong’s prime Causeway Bay shopping district, after allegedly defaulting on HK$9.21 million ($1.18 million) in rent.

After the high-end bra brand threw a star-studded party to… Read More>>

Italian lingerie brand La Perla is poised to lose its flagship store in Hong Kong's prime Causeway Bay shopping … Read more>>>

Jack Ma Alibaba

Alibaba Expands Offline Empire With RMB 5.5B Investment In Furniture Retailer

Jack Ma Alibaba

2018/02/21 by Shawna Kwan Leave a Comment

E-commerce giant Alibaba continues to assemble its offline retail empire by expanding into home furnishings. Just before China’s lunar new year holiday the tech behemoth invested approximately RMB 5.45 billion ($866 million) for a 15 percent stake in Easyhome (居然之家),… Read More>>

E-commerce giant Alibaba continues to assemble its offline retail empire by expanding into home furnishings. Just before … Read more>>>

Shanghai Dungeon Pradera

Luring China’s Ecommerce Junkies Back to the Mall With Dungeons, Horses and a 737

Shanghai Dungeon Pradera

2018/02/19 by Shawna Kwan 2 Comments

Chinese consumers bought RMB 4.88 trillion ($760 billion) in products online during the first three quarters of last year — roughly equivalent to the annual GDP of the Netherlands — as many shoppers now routinely buy groceries and other daily… Read More>>

Chinese consumers bought RMB 4.88 trillion ($760 billion) in products online during the first three quarters of last … Read more>>>

Ada Wong Champion REIT

Champion REIT’s Langham Place Mall Saw Record $15M Turnover Rent in 2017

Ada Wong Champion REIT

2018/02/15 by Shawna Kwan Leave a Comment

Champion REIT, the Hong Kong-listed trust sponsored by developer Great Eagle, saw record turnover rent of HK$116 million ($14.8 million) in its Langham Place Mall last year, said Ada Wong, the trust’s CEO at a media briefing on its annual… Read More>>

Champion REIT, the Hong Kong-listed trust sponsored by developer Great Eagle, saw record turnover rent of HK$116 million … Read more>>>

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