Gaw Capital Partners has sold an outllet mall from its portfolio to a new fund under its management, in a deal which prices the retail property in the city of Chengdu at RMB 1.56 billion ($220 million), according to an… Read More>>
ESR Completes Chengdu Industrial Park as Group’s First Purpose-Built Cold Chain Facility
ESR has finished construction of its first purpose-built cold storage facility at the ESR Chengdu Qingbaijiang Cold Chain Industrial Park in China’s Sichuan province.
Completed in early 2023, the park comprises single- and multiple-storey cold storage facilities with a total… Read More>>
Swire Buying Out Sino-Ocean’s Half-Stake in Chengdu Mall for $800M
Swire Properties is taking full ownership of a Chengdu mall through a deal to buy out Sino-Ocean Group’s interest in the 50:50 joint venture for RMB 5.55 billion ($800 million), as the mainland partner in the development grapples with a… Read More>>
Florentia Village Expands in Shanghai, Chengdu in Retail Ramp-Up Sponsored Feature
China’s international luxury outlet mall pioneer Florentia Village has opened major expansions of its Shanghai and Chengdu locations this month as the retail developer and operator rides a shopping resurgence on the mainland.
“Our openings in Chengdu and Shanghai this… Read More>>
Luxury Brands Head Back Into China’s Lower-Tier Cities and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, consumers in China’s lower-tier cities are embracing global luxury brands, Singapore says foreign buying of homes fell to a 17-year low in 2020, and Thailand approves property tax and fee cuts to… Read More>>
Li Ka-Shing’s CK Asset Sells Chengdu Project for $1B and More Asia Real Estate Headlines
China’s housing market has heated up after an extended dry spell, and with developer appetites for land surging, Hong Kong’s Li Ka-shing has decided to sell off a mixed-use project in Chengdu while the sun is still shining.
In less… Read More>>
RMB 16B Western China Deal Makes Sunac Owner of World’s Biggest Building
Sunac China Holdings has racked up RMB 16.31 billion ($2.32 billion) in land and property acquisitions in less than two weeks, extending a buying binge in second-tier cities and further boosting the Tianjin-based developer’s outsize project pipeline.
On 6 December,… Read More>>
ARA Teams Up with CICC Capital to Buy Chengdu Mall From Tishman Speyer Fund
After selling a pair of mainland commercial properties late last year for a combined RMB 5.56 billion, Singapore’s ARA Asset Management this month entered into a joint venture to buy a Chengdu retail property from a Tishman Speyer-managed fund.
For… Read More>>
Vanke Cooks Up a Hot Pot Museum for Chengdu Project
Many people in China love hot pot, but the government of a Chengdu is taking that devotion a bit further with plans for a 1,500 square metre (16,146 square foot) temple to the bubbling spicy stew, and one of the… Read More>>
Why a European Developer Took to the Streets of China to Build a Successful Shopping Centre Sponsored Feature
Each year, investors, analysts and consultants devote considerable energy in researching which cities in the region are most favourable for real estate investment. Industry think tanks rank dozens of urban centres for their investment potential and top property consultancies produce… Read More>>
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