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taikoo li chengdu

Swire Properties Said Launching Xi’an Commercial Project

2019/11/04 by Jan Kot Leave a Comment

Hong Kong developer Swire Properties is bringing its Taikoo Li network of commercial projects to the western China city of Xi’an, according to local government officials as cited in mainland media accounts.

The decision to move ahead with the Taikoo… Read More>>

Nick_Bradstreet-2019

Hong Kong Retail Sector Faces Harshest Conditions Since SARS: Savills

2019/10/16 by Jan Kot Leave a Comment

Hong Kong’s retail sales declined more sharply in August than during the 2003 SARS outbreak, according to a report released this week, as the city’s shopping sector suffered from the joint effects of tighter economic conditions on the mainland, the… Read More>>

Suchad Chiaranussatti

SC Capital Partners Acquires Aussie Retail Portfolio for A$175M

2019/10/10 by James Hatton Leave a Comment

SC Capital Partners has teamed up with Australia-based Fortius Funds Management to buy three shopping centres in Sydney for A$174.5 million ($118 million) from a joint venture between Frasers Property Australia and Sekisui House.

The Singapore-based private equity firm, which… Read More>>

Frasers Property Singapore CEO Retires as Developer Shifts to Retail

2019/10/10 by Jan Kot Leave a Comment

The chief executive of developer Frasers Property Singapore will retire from the unit of Thai billionaire Charoen Sirivadhanabhakdi’s Frasers empire at the end of this year, according to an announcement to the Singapore stock exchange.

Christopher Tang, who will turn… Read More>>

Lee Yuen Hong

Hong Kong Restaurant Operator Puts Central Space on Market for HK$400M

2019/09/09 by Jan Kot Leave a Comment

Hong Kong restaurant operator Tsui Wah Holdings is said to be offering for sale its flagship location in Central at an asking price of HK$400 million ($51 million), as the city’s ongoing civil unrest chips away at consumer spending.

The… Read More>>

Hong Kong shuttered shops

Hong Kong Retail Real Estate Transactions Fall 47% in August

2019/09/01 by Jan Kot Leave a Comment

The uncertainties of the US-China trade war negotiations and the political turmoil in Hong Kong have combined to cool down investor interest in Hong Kong’s property market, with sales of retail real estate bearing the brunt of investor reluctance… Read More>>

Anna Pawlak-Kuliga IKEA

IKEA to Invest RMB 10B in China Operations

2019/08/25 by Jan Kot Leave a Comment

Sweden’s IKEA will plough RMB 10 billion ($1.41 billion) into its China operations in the upcoming 2020 fiscal year, in a bid to upgrade and expand its store network and boost its e-commerce offerings in the country.

The planned investment… Read More>>

Steven Zhang Suning

Suning Buys 61 Guangzhou Circle K Stores From Hong Kong’s Fung Group

2019/08/07 by Jan Kot Leave a Comment

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

2019/08/06 by James Hatton Leave a Comment

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 

2019/07/04 by James Hatton Leave a Comment

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>>

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