…Plus, mainland developers are turning their attention back to second-tier cities after market tightening measures took the shine off major urban centres, and much more. Just keep reading. Versace Braves HK Retail Downturn to Open 1200 SQM Flagship International fashion brand Versace plans to open its Asia flagship store in Central in October amid a retreat by other luxury brands that have closed or scaled back their operations in Hong Kong in the…
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Alibaba Inks Deal With Five of China’s Top 10 Developers to Expand Hema Supermarkets
…p 10 Developers Join Alibaba Effort Signing up to work with Alibaba in realising the future of groceries were units of top ten developers including Evergrande Real Estate, Country Garden, China Overseas Land and Investment and Sunac China Holdings, as well as Vanke’s retail arm SCPG. Also participating were players including Fosun-owned Shanghai Forte Land, KWG Property, and China World Trade Corporation,, according to an account in the Shanghai S…
IKEA Opens First India Store in Hyderabad and More Asia Real Estate Headlines
…ding a variation on its famous meatballs. With an opening that featured a military band, the store in the southern city of Hyderabad is the first of 25 outlets the Swedish furniture company hopes to have open across the country of 1.25 billion people by 2025. Read more>> JP Morgan Signs 1.1M SqFt Lease With India’s Embassy Group India’s Embassy Group today announced that it has signed a long-term office lease deal with J.P. Morgan for space at Emb…
HK-listed Toy Retailer Brings NYC’s FAO Schwarz to China
…irman and CEO of Kidsland Lee Ching Yiu at the opening of FAO Schwarz in Beijing 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 HK$268 million, opened FAO Schwarz’s flagship store in Beijing on May 25th, according to an announcement by the company t…
GIC Buys 25% of A$4.3B Sydney Office Fund From Lendlease, CPPIB
…r and Partners and developed by the Australian property group, the pair of pill-shaped towers were topped out in 2015. The third asset, the six-storey International House Sydney, is Australia’s first multi-storey office constructed from engineered timber. Blue-Chip Tenants on Long Leases Anchor tenants in the 178-metre tall Tower Two include Australian financial services group Westpac Banking Corporation and law firm Gilbert and Tobin, which occup…
Apple to Open 3rd Shanghai Store — 5th in China
…l sector by announcing last week the opening of its third outlet in Shanghai. In a statement from Ron Johnson, the company’s senior vice president of retail operations that was reported in the People’s Daily, the US computer and portable device maker announced that the company’s next China store will be located in the new Henderson Metropolitan building on Nanjing Road. With an average daily customer flow of 40,000 people, the four stores in China…
Marks & Spencer Commits to Store at Shanghai City Center
…e years. Listed in Singapore in June 2010 Treasury China Trust (TCT) is administered by Treasury Holdings and owns, manages and develops commercial real estate assets in China with approximately RMB10.0bn in total assets and a further RMB1.7bn of assets under contract due for settlement by April 2011. City Center comprises an existing total gross floor area of approximately 180,000 square metres comprising 2 office towers and 7 level retail podium…
‘World’s biggest’ Apple retail store coming to Dalian – and more of today’s China Real Estate Links | March 30, 2012
…ail store coming to Dalian, China A mall in Dalian, China, has begun advertising that the “world’s biggest” Apple Store is set to open in the near future. The new store will be located at Parkland Mall in Dalian. Pursuit of real estate by rich lifting up Hong Kong prices More and more wealthy people on the mainland are trying to buy properties in Hong Kong, according to the 2012 edition of The Wealth Report, which was released on Wednesday by the…
New Apple Store Set to Open in Beijing This Year
According to local media reports, Beijing’s second Apple store is under construction in Beijing and should open before the end of the year. The reported future Apple outlet is apparently being built in Beijing’s China Central Place Shopping Center in the Chaoyang District, and bears a strong resemblance to the familiar style of the electronic device giant. The 500 square metre building covers two floors and inside sources claim the store has been…
Apple’s 11th China Store May Be on the Way in Wuxi
Apple’s most recent store at the China Central Mall in Beijing China’s love affair with Apple products may be gearing up for expansion into the country’s second tier cities. At least if the company’s recruitment ads are any indication. According to a report in the China Daily today, Apple is advertising for new staff in Wuxi, a prosperous city in eastern China’s Jiangsu province. Apple currently has 10 stores in China, but the Wuxi outlet would b…
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