One more global retail giant has retreated from the mainland China market in the face of growing local competition as a unit of Nanjing-based Suning announced this week that it has taken over a chain of convenience stores from Hong… Read More>>
Gaw Capital Leads $325M Purchase of Hollywood Shopping Mall
Gaw Capital USA and US private equity firm DJM have purchased a Hollywood megamall in the largest acquisition of a single US retail asset outside of Manhattan in nearly three years, according to a joint announcement by the companies.
Los… Read More>>
Luckin Backer Centurium Raises $2B for Debut Fund and More Asia Real Estate Headlines
Coffee leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the backer of a Starbucks competitor has raised $2 billion in its debut private equity fund, which may provide a fresh pot of… Read More>>
Japan’s Takashimaya Pulls Out of China 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 loss-making Japanese retailer is closing its department store in Shanghai and pulling out of China.
In other news around the region, co-working… Read More>>
CapitaLand Sells 3 China Shopping Malls to REIT for $430M
CapitaLand has entered into an agreement to offload three mainland community malls to CapitaLand Retail China Trust (CRCT) for RMB 2.96 billion ($430 million), according to an announcement to the Singapore stock exchange.
This is the second divestment of China… Read More>>
Jardine-Backed Yonghui Buys Controlling Stake in Wuhan Retailer for RMB 559M
Jardine Matheson-backed Yonghui Superstores is to become the controlling shareholder in central China regional supermarket chain Zhongbai Holdings Group in a deal valued at RMB 559 million ($83.2 million), according to a Shanghai Stock Exchange filing.
Yonghui is offering RMB… Read More>>
Burberry Shuts Shanghai Flagship Store in Global Retrenchment
Burberry closed the doors to its flagship store in Shanghai on March 31st, according to local media accounts, as the brand that made trench coats trendy shuttered its fourth shop in China’s commercial capital within the last eight months.
By… Read More>>
SF Express Shuts China Shops as Retail Venture Fails to Deliver
Chinese logistics company SF Express is said to be closing its offline retail stores in some of China’s largest cities amid an economic slowdown and pressured margins in the logistics sector, according to an account in the local press.
SF… Read More>>
Dalian Wanda Buys Shanghai Commercial Site for RMB 575M
China’s largest commercial developer is set to add to its portfolio of nearly 300 shopping malls after Dalian Wanda Commercial Management Group purchased a site in southern Shanghai for RMB 575 million ($85.5 million).
Wanda Commercial, the development unit of… Read More>>
SC Capital Buys Singapore Shopping Mall From AEW for S$230M
SC Capital Partners has agreed to purchase a community shopping centre in northeastern Singapore from a fund managed by AEW for S$230 million ($169.53 million), according to sources familiar with the transaction who spoke with Mingtiandi.
Singapore-based SC Capital, which… Read More>>
- 1
- 2
- 3
- …
- 11
- Next Page »
