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>>
Sean Sun Leads West China, Tammy Tang Now China Co-Head in Colliers Reshuffle
Global brokerage Colliers International is reshuffling its leadership team in China, naming an industrial and consulting veteran as head of West China while revealing that another top executive is now co-head of the company’s China business.
Colliers has appointed Sean… Read More>>
CCPIB Invests $662M in Pair of Longfor Projects in Shanghai, Chengdu
The Canada Pension Plan Investment Board (CPPIB) is deepening its partnership with top Chinese developer Longfor Properties by investing RMB 4.2 billion ($662 million) in two new mixed-use projects in the cities of Chengdu and Shanghai, the pension fund manager… Read More>>
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