Asia real estate and outbound investment news
Hong Kong-based real estate investment manager InfraRed NF has brought on board a pair of new investment directors to strengthen its team in Shanghai as the private equity real estate investment firm expands its operations in mainland China.
Ivan Fang… Read More>>
Less than three months after announcing a RMB 20 billion fund to redevelop commercial properties in China’s first tier cities, Warburg Pincus-backed Nova Property and Sunac China Holdings have teamed up to acquire a pair of commercial buildings in Shanghai’s… Read More>>
One of the highest profile early entrants to the Shanghai property market is facing off against the biggest landlord in Hong Kong’s Central district in the final bidding for a prime commercial site in Shanghai’s Huangpu district expected to sell… Read More>>
Global sportswear brand FILA has relaunched its flagship store in Shanghai, celebrating the opening of its largest retail space in Greater China. The expanded and upgraded venue in the Mosaic Shanghai mall on East Nanjing Road now covers 867 square metres… Read More>>
China Evergrande, the country’s second-biggest developer by sales, is reported to have taken over a stalled RMB 13 billion ($2 billion) commercial project near the Shanghai Hongqiao International Airport.
Evergrande is now the owner of the project, Hongyuan Shengshi International… Read More>>
Sales of existing homes in Shanghai fell by almost one-fourth last month as the Chinese government continues to clamp down on sales of pricey housing in an effort to keep residential real estate prices steady.
The city saw some 13,550… Read More>>
American wholesale giant Costco is opening its first store in the world’s second-biggest economy, even as foreign retailers like Tesco and Lotte scale back their businesses in China due to market barriers and disappointing sales.
Costco inked an agreement with… Read More>>
Singapore’s biggest commercial developer CapitaLand has launched its first co-working space in China with the opening of C3 (“C Cube”) in Shanghai, the company announced.
Located in CapitaLand’s Innov Center office project in Yangpu district, the shared office centre covers… Read More>>
While in talks to sell over $3 billion of overseas assets in the United States and Europe, debt-ridden HNA Group has offloaded another project in China for $456 million as the Hainan-based conglomerate struggles to climb out of a $100… Read More>>
Two weeks after a top Chinese government planning body warned against the “blind” construction of theme parks, Walt Disney unveiled the first expansion of its Shanghai Disney Resort with the presence of municipal government representatives sporting grins nearly as large… Read More>>
