Singapore developer appetites for more redevelopment projects will be tested in the coming weeks as another set of condo owners band together to market their homes, despite a number of failed tenders in recent weeks. Also in the news today,… Read More>>
Mainland Sportswear Giant Files for $1B HK IPO and More Asia Real Estate Headlines
Retail leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a China footwear retailer that partners with Nike and Adidas has filed for an initial public offering with a target of $1 billion,… Read More>>
China’s CCCC Talks $4B in Sri Lanka Property Deals and More Asia Real Estate Headlines
China’s Belt and Road Initiative leads the news today as one of the biggest players in the global infrastructure drive kicks off talks with potential investors for an estimated $4 billion in real estate deals linked to a Sri Lankan… Read More>>
GIC Joins $5.4B Bet on AccorInvest and More Asia Real Estate Headlines
At the top of today’s news, Singapore’s sovereign wealth fund GIC is partnering with a group of global investors to shell out $5.4 billion for a controlling stake in the property business of France’s AccorHotel. Also in the headlines, debt-strapped… Read More>>
Hard Rock To Roll Out 36 China Cafes and More Asia Real Estate Headlines
Leading today’s news roundup, Hard Rock Cafe sees a craving for American burgers and Black Sabbath memorabilia in places like Chengdu, as the theme restaurant chain plans to bring its act to 36 new locations in China in 36 months…. Read More>>
Korean Proptech Startup Raises $9.3M and More Asia Real Estate Headlines
Proptech leads today’s news roundup, with a Korean real estate crowdfunding startup raising a pile of money in a record-breaking series A investment round. Also in the headlines, China Vanke and ZTE are set to move ahead on a Shenzhen… Read More>>
Chinese AI Firm Sets Up in Singapore and More Asia Real Estate Headlines
Leading today’s roundup of property news, a Chinese artificial intelligence firm has opened a new office in Singapore and plans to hire up to 60 researchers. Also in the headlines, Colliers is marketing a package of seven hotels across Thailand’s… Read More>>
Parkson Down to Last Beijing Location as Department Stores Disappear
Malaysia-based Parkson was a pioneer foreign investor in China’s retail scene, opening its first mainland department store in 1994. Now that location, on Beijing’s Fuxingmen Rd, is the brand’s last remaining outlet in China’s capital as Parkson shutters department stores… Read More>>
Shenzhen Project Sells $809M in Homes and More China Real Estate Headlines 2016-04-13
A ten percentage point hike in downpayment levels seen to have done little to cool the fever for high-end real estate in Shenzhen, and a Chinese developer moves a step closer to winning approval for an 18-storey Miami Beach tower,… Read More>>
Parkson Closes Beijing Shop as Department Stores Stagger
Parkson Retail Group has temporarily closed one of its Beijing stores following reports of dropping sales and after it permanently closed two stores in other Chinese cities.
Sam Au, chief financial officer of Parkson Retail Group, told the local press… Read More>>