Leading today’s roundup of people news, a retail specialist has rejoined CapitaLand’s mall development arm in Shanghai after a stint at Pradera Retail Asia, and a senior housing pro is jumping from one Chinese insurance behemoth to another. The flexible… Read More>>
CapitaLand and CRCT Buy Guangzhou Mall for $511M
Singapore’s top developer continues to ramp up its retail presence in China, with CapitaLand Mall Asia and CapitaLand Retail China Trust (CRCT) partnering to buy a shopping mall in Guangzhou for RMB 3.36 billion ($511 million).
CRCT is taking a 51… Read More>>
CapitaLand Opens Its Biggest Mall Ever in Suzhou
Southeast Asia’s largest developer has opened its biggest-ever shopping centre with the launch of the 300,000 square metre Suzhou Center Mall in the eastern Chinese city of Suzhou, as CapitaLand opens its eighth new retail development this year.
The seven-storey… Read More>>
Xiamen China’s Latest City to Restrict Home Sales and More Asia Real Estate Headlines
Home purchase restrictions are back in fashion in China as cities try to put the brakes on the property roller coaster. Also in the news, Singapore’s CapitaLand Group has begun managing other people’s malls in China, and Xu Jiayin’s Evergrande… Read More>>
Mainland Developers Back Away From HK Amid Slump and More Asia Real Estate Headlines
China’s development giants are joining Hong Kong’s local heavyweights in staying away from land auctions in the SAR, CSCEC is moving forward with another US project, and mainland home buyers are favoring North America and Australia in the wake of… Read More>>
China Real Estate People in the News 2014-09-08
This week China’s real estate community witnesses some senior management turnover from southeast Asia’s largest developer, a changing of the guard at UK developer Grosvenor, plus a familiar face from Shanghai showing up in Singapore. Read on for details.
CapitaMalls… Read More>>
CapitaLand to Take CapitaMalls Asia Division Private for $2.5B
Southeast Asia’s largest real estate developer, CapitaLand, announced this afternoon that it is offering to buy back its Singapore-listed subsidiary, CapitaMalls Asia Ltd, for S$3.06 billion ($2.45 billion).
CapitaMalls Asia has been CapitaLand’s retail development subsidiary, and is perhaps best… Read More>>
China Real Estate People in the News 2014-03-24
This week China’s real estate community sees new leadership at built-asset consultancy EC Harris, China Xintiandi taking on some financial management and more. Read on for the latest career development news for the industry’s professionals.
Andy Crawford has… Read More>>
Revenues Down 8.7 Percent as CapitaMalls Slows China Expansion
Revenues for Singaporean retail developer CapitaMalls Asia dropped 8.7 percent during the fourth quarter of 2013, due mainly to a slow down in China, the company said in a statement this week.
According the most recent financial results for the… Read More>>
Comings and Goings: Who’s Changing Jobs in China Commercial Real Estate 2013-11-25
Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, or discovered that the guy now running their Fortune 500 employer formerly drove banana boats along the beach in Boracay and… Read More>>
