Asia Pacific real estate investment news and information
The Asian arm of US mall operator Taubman Centers has won recognition for its achievements in the design and development creativity of the Starfield Hanam Shopping Center in South Korea, according to a media release.
Taubman Asia took home a… Read More>>
Technology giant Tencent has expanded its network of cooperation agreements with property firms to Hong Kong with the maker of the mainland’s ubiquitous WeChat app last week announcing a partnership with Sun Hung Kai Properties.
Tencent is now working with… Read More>>
Blue chip Hong Kong developer Wheelock and Co has sold a trio of retail properties in the city’s Tseung Kwan O area to private equity fund manager Phoenix Property Investors for HK$3.38 billion ($432 million), according to an announcement issued… Read More>>
Tencent and Hillhouse Capital have signed a RMB 1 billion ($145.6 million) strategic investment agreement with Japanese-style retailer Miniso, according to an announcement by the Guangzhou-based company on Monday.
“The investment of Tencent and Hillhouse Capital will help the future… Read More>>
The owner of Chinese big-box commerce giant Wumart has won a competition for control of one of western China’s biggest retailers after Wumei Holdings and associated investors increased their stake in Yinchuan Xinhua Department Store to 40 percent, through a… Read More>>
Chinese investment firm Fosun International is reportedly in talks to to buy a 426 million euro ($495 million) stake in German food wholesaler Metro AG, unnamed sources told Bloomberg. With Metro’s current market capitalization of 4.85 billion euros, Fosun would… Read More>>
Guangzhou-based Yuexiu Property this month issued an announcement to the Hong Kong Exchange, saying the company intends to dispose of its 100 percent equity interest in its subsidiary Guangzhou Yuehui Property, which holds Yuexiu Fortune World Plaza in Guangzhou’s Liwan… Read More>>
After years of slowing sales, Hong Kong’s retail market has started to pick up, signalling good news for occupiers and investors alike.
For almost four years, the retail market has seen decreasing sales, primarily owing to a slowdown in the… Read More>>
Keppel Corporation has signed an agreement with ASX-listed Vicinity Centres to launch a A$1 billion ($743 million) retail property fund. The new vehicle, which is being formed at a time when Singaporean companies are increasingly active in Australia, will be… Read More>>
As property prices in Hong Kong continue to surge, even 20 square metre shops 17 kilometres from downtown are trading at record prices as the world-leading rates from Hong Kong island are pulling up markets more than half an hour’s… Read More>>
