China Evergrande has sold off its remaining stakes in four real estate projects to state-controlled companies, allowing the world’s most indebted developer to recover RMB 1.95 billion ($310 million) of its capital contribution and settle liabilities in excess of RMB… Read More>>
The COVID-19 pandemic put a dent in China’s transformation to a consumption-driven economy last year, but the slowdown in the country’s retail market has not deterred the expansion of luxury mall developer Florentia Village.
The outlet mall specialist opened its… Read More>>
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 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 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 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>>
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>>
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>>
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>>
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>>