Acquisitive Alibabans lead the way in Mingtiandi’s roundup of real estate headlines today with the news that a co-founder of the e-commerce titan is dunking $700 million into acquiring the home of the Brooklyn Nets as part of a $2.35… Read More>>
Alibaba’s Red Star Macalline Launches Property Agency in Shanghai
Red Star Macalline Holding, which develops and operates China’s largest chain of home furnishing malls, is launching its own real estate agency, the president of the newly launched brokerage announced on Monday, according to local media reports.
Famous for its… Read More>>
GIC Aims for the Cloud in China Data Centre Tie-Up with GDS
GDS Holdings has entered into an agreement with GIC to build and operate hyperscale data centres in China, including in markets beyond the country’s first tier cities, according to a statement by the Shanghai-headquartered company.
Initially, the Singaporean sovereign wealth… Read More>>
Japan’s Takashimaya Pulls Out of China and More Asia Real Estate Headlines
Retail leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a loss-making Japanese retailer is closing its department store in Shanghai and pulling out of China.
In other news around the region, co-working… Read More>>
ULI APAC Summit to Explore Asia’s Sustainable Future in Shanghai Next Week
Representatives of some of Asia’s biggest real estate developers, investors and service providers will be gathering in Shanghai next week for the Urban Land Institute’s Asia Pacific Summit 2019.
The event, which is organised annually by the property industry non-profit,… Read More>>
CapitaLand, CDL Complete S$400M Buy of PGIM Mall in SG and More Asia Real Estate Headlines
A Singapore mall leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that two major property developers have paid the S$400M bill for their joint shopping expedition, while a Hong Kong-based private equity firm… Read More>>
Alibaba Invests RMB 4.36B in Furniture Mall Operator Red Star Macalline
Alibaba has made another deal aimed at China’s traditional shopping sector, with the e-commerce giant announcing an investment in China’s largest retailer of furniture and home products, as the tech giant, continues to look for ways to leverage its online… Read More>>
Kowloon West Megasite Could Sell for HK$100B and More Asia Real Estate Headlines
Leading today’s top real estate stories from around the region, developers from Hong Kong and the mainland may soon be scraping up their change to bid for a prime commercial site atop Hong Kong’s high-speed rail terminus which could sell… Read More>>
Alibaba Said in Talks to Buy Stake in German Retailer Metro’s China Stores
Alibaba is in talks to acquire a portion of the China operations of German retailer Metro, according to a Thursday report by Reuters, as the company that handles nearly 60 percent of China’s online shopping continues to look for ways… Read More>>
Shandong City Lifts Ban on Flat Flipping and More Asia Real Estate Headlines
In each cycle of policy restrictions and market slowdowns mainland municipal governments squeezed by falling revenues look to test the limits of Beijing’s tolerance, with a city in Shandong province testing the strength of that leash today. Also in the… Read More>>
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