Australia is losing an important source of export revenue as its mining boom has waned in the face of China’s economic slowdown. Now, in an effort to spur growth, the country is turning its attention to deep-pocketed Chinese tourists looking… Read More>>
Fewer Mainlanders Means Less Traffic for Hong Kong’s Malls and More China Real Estate Headlines
Mainland tourists may not make themselves welcome everywhere they go, but Hong Kong’s malls seem to be missing the Renminbi-carrying shopping hordes in 2016. Plus, New World Group turns from art to kid stuff to pull in visitors for their… Read More>>
Mingtiandi Launches China Retail White Paper in Shanghai
China’s leading source of real estate intelligence today launched its first in-depth exploration into the future of China’s retail industry at a press conference in downtown Shanghai.
The 52-page white paper by Mingtiandi, China Mall 2020, examines the potential… Read More>>
China Mall 2020 Report to Explore Future of China Retail
After covering China’s real estate market on a daily basis for more than three and a half years, Mingtiandi this week will publish its first white paper, “China Mall 2020: China Retail Moves into the Mobile Era.”
The 50-page report… Read More>>
5 Things I Learned at Mapic’s Shanghai Retail Event
If China’s retail market is doomed, then the people in charge of opening new stores and building new malls don’t yet know about it, as more than 180 of them showed up today to attend the Retail Real Estate Market… Read More>>
LVMH-Backed Fund Puts Down $100M to Join Rush into Outlet Malls
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>>
Dalian Wanda to Close 10 Dept Stores – Restructure 20 More
The balance of power in China’s retail world continued to shift away from one-size-fits all shops this week when Dalian Wanda announced plans to shutter 10 department stores nationwide, and restructure another 20.
The decision by the China retail real… Read More>>
Beijing’s Wangfujing Ranks 13th for Retail Rents Globally
Rents in China’s most expensive shopping district rose by more than nine percent in the last year, but the increase was only enough for Beijing’s Wangfujing to keep its ranking as the world’s 13th most expensive place to open a… Read More>>
China Vanke Sells 9 Properties to Carlyle Group
China’s largest developer by sales took a major step toward transforming its business model last week when Vanke signed a memorandum of understanding to sell a nine of its commercial real estate projects to Carlyle Group.
The deal between China… Read More>>
Filipino Billionaire Braves the Downturn to Launch New Housing Projects
While most real estate developers in China are turning cautious about taking on new housing projects in second and third-tier cities, SM Group’s Henry Sy is announcing new residential developments planned for the cities of Chengdu and Yangzhou.
Sy, who… Read More>>