In this edition of Mingtiandi’s news roundup, a Singapore-listed property group expands its hometown presence with the acquisition of some industrial assets, a Guangzhou developer’s shares tumble amid reports of a city-led bailout, and Carrefour closes on the purchase of… Read More>>
Food leads Mingtiandi’s roundup of Asia real estate headlines today as a European hypermarket giant buys a set of grocery stores in Taiwan of from a unit of Hong Kong’s Jardine’s for €97 million ($109 million).
In other news around… Read More>>
In this week’s edition of Mingtiandi’s People in the News, Weave Co-Living hires a former JLL capital markets exec to drive the shared housing company’s expansion in Asia Pacific, less than a month after purchasing its fourth property in Hong… Read More>>
Chinese retailer Suning.com has agreed to buy an 80 percent stake in Carrefour Group’s China unit for RMB 4.8 billion ($699 million) in cash, according to an announcement to the Shenzhen stock exchange.
The agreement paves the way for the… Read More>>
Carrefour has opened its first-ever smart supermarket in Shanghai in partnership with Tencent, four months after the parent company of China’s ubiquitous WeChat app bought a stake in the French retailer. The Le Marche store in China’s commercial capital is… Read More>>
Chinese tech giant Tencent is eyeing an investment in Carrefour China alongside Shanghai-listed supermarket chain Yonghui Superstores, said French retailer Carrefour in a press release.
Under the terms of the non-binding agreement, the company that rules China’s social media world… Read More>>
Shenzhen is building itself into the hub of China’s high tech economy, and that shift to tech manufacturing may help explain why the southern Chinese city’s home prices have jumped over 60 percent in the last year. Meanwhile Cinda Real… Read More>>
This week China’s real estate community sees the top dog at a major US real estate investment manager depart, the latest defection from a Fortune 500 real estate service provider in Shanghai, and our usual crop of promotions and new… Read More>>
Wal-Mart announced on Thursday that it would be scaling back its rate of expansion in China over the next three years, as it plans to open 100 stores between now and the end of 2015.
Wal-Mart Stores Inc, which is… Read More>>