China’s first operator of international luxury outlet malls, Florentia Village, congratulated its tenth year in the country on June 12; the group presided over a celebration to attribute the company’s success to bringing affordable luxury and top quality experiences to… 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>>
Chinese retail developer and operator Sasseur Group, which is backed by Ping An Real Estate and Warburg Pincus, plans to cash in on its collection of four mainland outlet malls by listing a real estate investment trust on the Singapore… Read More>>
German insurance giant Allianz Group is ramping up its real estate investments in China by partnering with Gaw Capital and TH Real Estate on a planned $2 billion fund targetting high-end outlet malls across the country.
The vehicle, ERES APAC… Read More>>
Chinese shoppers with a taste for discounted luxury goods are in luck, as Florentia Village expands its network of designer outlets into central China and Hong Kong.
The chain of suburban shopping venues has recently unveiled its first location on… Read More>>
In the US, the Friday after Thanksgiving is the biggest shopping day of the year as consumers throng malls looking for holiday bargains.
For US private equity pioneer KKR and Chinese developer Sino-Ocean, Black Friday’s combined bill came to $191… Read More>>
Bargains on high-end brands will be headed to Sichuan next year as a European investment consortium has broken ground for a $110 million outlet mall in the provincial capital of Chengdu.
The ground-breaking last month was a formal recognition of… Read More>>
Figures predicting an oversupply of malls and a clampdown on luxury spending in China have captured headlines globally in 2015, but a chain of outlet malls opened by a team of international investors has bucked the trend by attracting more… Read More>>
TH Real Estate, the property division of investment giant TIAA-CREF, announced late this week that it had opened its third outlet mall in China, as rising consumption on the mainland continues to drive retail growth.
The 118,000 square metre (1.3… Read More>>
China’s tigers and flies may be hiding their Gucci bags and Prada purses in the closet this year, but an investment fund belonging to one of the world’s largest luxury purveyors is betting $100 million that demand for logos and… Read More>>