As the COVID-19 virus situation begins to stabilize in China, shopping malls, which have been hit hard during the crisis, have begun rebounding. Mosaic Metro Park, managed by retail asset management expert Pradera Retail Asia, is one of the… Read More>>
GIC Forms $412M US Shopping Centre JV With NYSE-Listed RPT Realty
Singapore’s sovereign wealth fund, GIC, has established a $412.4 million shopping centre joint venture with New York Stock Exchange-listed RPT Realty, according an announcement by the US real estate investment trust this week.
The $100 billion government investment vehicle is… Read More>>
Arch Capital Snags Taiwan Mall for $450 Million in JV Deal
Hong Kong-based Arch Capital Property Advisors has spread its investment wings into Taiwan’s commercial sphere, acquiring the Taimall Shopping Center in Taoyuan for about NT$13.8 billion ($450 million) on behalf of an an unidentified institutional investor, who partnered with Taiwanese investment… Read More>>
Pradera Retail Asia Opens Mosaic Xi’an, Bringing China Mall Portfolio to Four Sponsored Feature
Hong Kong heart-throb Bosco Wong and around 60,000 fans and customers took part in the grand opening of the Mosaic Xi’an mall in one of China’s oldest cities before China’s National Day holiday.
The opening event was staged in the… Read More>>
Wuxi Apple Store Set to Be 12th in China
Apple plans to open its 12th Apple Store in mainland China early next month, in Jiangu’s province’s Wuxi. This latest expansion of the US device maker’s retail network comes as other luxury brands have slowed the opening of new stores… Read More>>
Fast-Fashion Continues to Rise Despite Ecommerce Onslaught
While China’s luxury retailers have struggled to meet their goals in recent months, the country’s mid-range brands have continued to expand at a record pace, according to a new research report.
Leasing of retail space by fast-fashion brands such as… Read More>>
Filipino Billionaire Plans Listing of China Mall Assets
A mall developer controlled by the Philippines’ richest man is planning to list its China shopping centre holdings on either the Hong Kong or Singapore stock exchange, according to a recent statement from an official with SM Investments.
SM, a… Read More>>
Was Anti-Graft Campaign the Real Reason Luxury Retail Struggled in 2013? Mingtiandi Survey Results
While China’s luxury retailers fell well short of their goals in 2013, the major cause of the industry’s struggles was poor planning, not a government clampdown on bribery and draft, according to a survey conducted last week on Mingtiandi.
Among… Read More>>
Study Predicts China’s Office Space to Balloon by 173% by 2016
China’s office developments are set to expand by 173 percent by 2016, according to a recent survey, as real estate developers rush to take advantage of the country’s growing commercial sector.
The report by Insite Asset Management, a Chinese consulting firm which advises real estate developers and manages properties, predicts that the nation’s developers will roll out 58 million square metres of new offices nationwide by the end of 2016.
Luxury Retail Fails on Shanghai’s Bund
While upscale retailers have scored win after win with Chinese consumers, in one of the country’s most fabled financial centres, luxury brands are acknowledging a major fail.
Left derelict before China’s economic reforms took hold, Shanghai’s Bund district… Read More>>
