The Asian arm of US mall operator Taubman Centers has won recognition for the launch of its second Chinese shopping centre, which drew on everything from magic shows to partnerships with mobile ride-sharing platforms to lure shoppers to the new… Read More>>
Shenzhen Shopkeepers Claim Cheating By Li Ka-shing and More Asia Real Estate Headlines
A couple of heavy hitters in Hong Kong are having a less than stellar start to the week. Shenzhen shopkeepers are not happy with tycoon Li Ka-shing and claim they have been cheated by his CK Hutchison Holdings. Meanwhile, elected… Read More>>
Forget Singles’ Day – CapitaLand Ramps Up China Retail With Plan for 6 New Malls in 2017
Singles’ Day is in the books and while this year’s online shopping event brought in $17.8 billion in sales, some firms still prefer retail to be a brick and mortar affair. CapitaLand is among the most bullish on the country’s… Read More>>
Apple to Open Latest China Retail Store in Chongqing
Apple will open its eleventh store in China on Saturday as the US electronics firm continues to enjoy mad popularity in the world’s second-largest economy, despite recent criticism from local media.
The latest official outlet for Apple will be at… Read More>>
Philippine Developer Sinks $100M More into Tianjin Megamall
Mall developer SM Prime, the listed vehicle of Filipino billionaire Henry Sy has already dipped into at least $50-$100 million of a recent bond sale to help bring to market its 530,000 square metre SM Tianjin Shopping Centre project… Read More>>
Wahaha Goes Boohoohoo in Hangzhou Mall Default
Leasing out retail space is as easy as selling colored sugar water to babies, or at least it looked that way to China beverage magnate Zong Qinghou when he opened his first Waow Plaza mall in Hangzhou in 2012.
Now… Read More>>
Mainland Shopping Goes Suburban as Outlet Malls Open
While strolling through Plaza 66 on a Saturday may still look sexy, China’s label-conscious consumers are rapidly discovering one of the staples of suburban America – the outlet mall.
According to a statement from London-based outlet mall developer Value Retail,… Read More>>
Citic Ties Up With European Mall Manager to Serve China Retail Centres
Chinese investment firm Citic Capital Holdings Limited and Portuguese mall operator Sonae Sierra recently announced a new joint venture to lease and manage shopping centres in China. The new company intends to provide services to the owners of the millions… Read More>>
New World’s K11 Appoints JLL to Lease 257k Sqm Shenyang Mall
Leading Hong Kong developer New World Development Company Limited has selected real estate consultancy JLL to help lease its Shenyang K11 Art Mall. The retail development will be the biggest shopping mall in one of China’s best supplied markets when… Read More>>
Bankruptcy is Good and Only Buy in Bear Markets Hang Lung Chief Says
Bankruptcy and bear markets are on the way for China’s property sector in 2014 and Hang Lung Properties Chairman Ronnie Chan couldn’t be happier.
I had a chance to speak with Chan when he appeared at a Real Estate Investment… Read More>>
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