As the COVID-19 virus situation begins to stabilize in China, shopping malls, which have been hit hard during the crisis, have begun rebounding. Mosaic Metro Park, managed by retail asset management expert Pradera Retail Asia, is one of the… Read More>>
LaSalle Set to Open Five New China Logistics Facilities in 2020
LaSalle Investment Management has broken ground on five new logistics developments that will deliver 359,000 square metres of new warehouse space to China by July next year, according to an announcement by the company.
The set of high-spec sheds will… Read More>>
CapitaLand Tops Out RMB 24B Raffles City Chongqing
CapitaLand announced on Monday that it has topped out the 1.2-million-square-metre Raffles City in Chongqing, a month after the Singapore-listed firm announced the S$11 billion acquisition of fellow government-backed developer Ascendas-Singbridge, its partner in the project.
Now structurally complete, the… Read More>>
Wanda Targets 17 Mall Openings by Year-End
Wanda Group has announced that it is opening 17 new Wanda Plaza shopping centres in the last five weeks of this year, accounting for 34.7 percent of the company’s total new mall openings for 2018.
The surge of new debuts… Read More>>
CapitaLand Grabs $864M Chongqing Site – Adds 2,100 Homes to China Pipeline
Singaporean developer CapitaLand is ramping up its presence in the western Chinese municipality of Chongqing, buying a RMB 5.7 billion ($864 million) mixed-use site that will be turned into a retail, office and residential property yielding over 2,100 homes.
The… Read More>>
CapitaLand Builds World’s Highest Sky Bridge for $3.8B Raffles City Chongqing
Singapore’s CapitaLand now holds a world record for the curved, 300 metre sky bridge atop its RMB 24 billion ($3.8 billion) multi-tower mega-project in the western Chinese city of Chongqing.
Designed by Boston-based architect Moshe Safdie, the eight-skyscraper Raffles City… Read More>>
Li Ka-shing Said Putting Chongqing Project on the Block for $3B
Hong Kong tycoon Li Ka-shing is reported to be seeking buyers for a sprawling, partly completed residential and commercial project in the western Chinese city of Chongqing, with an asking price of RMB 20 billion ($3 billion), according to an… Read More>>
Evergrande Buys Jumbo Chongqing Project for $498M
Mainland homebuilder China Evergrande Group is doubling down on western China by buying a 320,000 square metre office, retail, and residential project in Chongqing as part of a RMB 3.29 billion ($498 million) deal. The transaction comes just over two… Read More>>
CBRE Appoints Andrew Deng as Head of Western China
Los Angeles-based real estate agency CBRE has bolstered its mainland leadership team this week, with Andrew Deng taking the reins as Managing Director for Western China. Based in Chengdu, Deng will oversee the company’s platform and business lines in the… Read More>>
Shui On Selling Chongqing Tiandi to China Vanke for RMB 4.1B
Shui On Land which developed one of China’s landmark real estate projects in Shanghai nearly two decades ago, has agreed to sell off a set of projects in Chongqing to China Vanke for RMB 4.1 billion ($598 million), according to… Read More>>
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