A pair of mainland investors who were fortunate enough to sell their Shenzhen mall to Link REIT three years ago for nearly $1 billion have just picked up their fourth shopping mall in the Vancouver area, with that story leading… Read More>>
Mainland Property Tycoon Loses 31% on Hong Kong Office Sale
A founder of a Hong Kong-listed mainland developer appears to have taken a 30 percent haircut on an office investment in the New Territories as the city’s commercial real estate market continues to slip this year.
A set of three… Read More>>
Tencent-Backed China Developer Plans Two New Malls Per Year
While sales may be down at some of China’s luxury retail palaces, a developer of “wholesale malls” backed by one of the country’s biggest Internet companies has big plans for expansion.
Hong Kong-listed China South City Holdings, which builds and… Read More>>
Tencent Grabs Stake in China Mall Developer with Eye on O2O
Tencent, which produces the country’s wildly popular WeChat mobile app, is upping its stake in a shopping mall developer, as the Internet giant seeks to integrate its online payment system with offline retailers.
In a statement to the Hong Kong… Read More>>