A joint venture controlled by New York’s Rockefeller Group has agreed to sell a pair of office buildings on Shanghai’s Bund waterfront to an online insurer backed by Ant Financial, Tencent and Ping An, with the HKEX-listed firm vowing to… Read More>>
Mirae Blames Chinese Side for Failed $5.8B Hotel Deal and More Asia Real Estate Headlines
A pair of Asian companies doing their best not to own a set of US luxury hotels leads today’s real estate news as Korea’s Mirae Asset Management and China’s Dajia Insurance hurl blame at each other over a failed $5.8… Read More>>
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>>