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costco

US Hypermarket Chain Costco Sets Up in Shanghai

2018/05/10 by Shawna Kwan Leave a Comment

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>>

Lim Ming Yan CapitaLand

CapitaLand Opens First Mainland Co-Working Space in Shanghai

2018/05/08 by Shawna Kwan Leave a Comment

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>>

HNA Sells Shanghai Project to Mainland Developer Fusheng for $456M

2018/05/02 by Shawna Kwan Leave a Comment

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>>

Robert Iger Disney

Shanghai Disney Adds Toy Story Land as Rival Chinese Parks Struggle

2018/04/28 by Shawna Kwan Leave a Comment

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>>

Tony Lombardo Lendlease

Lendlease Enters China Senior Housing Market With $302M Shanghai Project

2018/04/23 by Shawna Kwan Leave a Comment

Australia’s largest provider of senior housing is entering the Chinese elder living market for the first time. Aussie property developer Lendlease is set to develop a RMB 1.9 billion ($302 million) senior living community in Shanghai, China, according to a… Read More>>

qin pang benoy

Benoy Wins Design and Masterplanning for AI Park in Shanghai

2018/04/18 by Greg Isaacson Leave a Comment

Global design firm Benoy has won a competition to serve as masterplanner and architect for a 367,000 square metre research and commercial hub near the east bank of Shanghai’s Huangpu River. Benoy will work with local developer Shanghai Lujiazui Group… Read More>>

Humbert Pang Gaw

Gaw Closes on $798M Purchase of Sky Soho in Shanghai After Teaming Up With Allianz

2018/04/16 by Michael Cole Leave a Comment

Hong Kong’s Gaw Capital Partners announced today that a fund under its management had closed on its RMB 5.01 billion (now $798 million) acquisition of two of the four office buildings in Sky Soho, a commercial development in Shanghai’s Changning district,… Read More>>

LaSalle Buys Office Tower in Shanghai’s Hongkou District From Alpha

2018/04/05 by Greg Isaacson Leave a Comment

LaSalle Investment Management has acquired Shanghai International Plaza (盛邦国际大厦) in Shanghai’s Hongkou district, marking the third time the 31-storey, grade A commercial tower has changed hands in seven years.

The US-based real estate investment firm purchased the property on behalf… Read More>>

Johnny Lu Shao

Johnny Lu Shao Joins Gaw Capital in Shanghai

2018/04/01 by Michael Cole Leave a Comment

One of Shanghai’s best-known investment brokers has left the agency world to join Gaw Capital, as the Hong Kong-based private equity real estate firm continues to build up its mainland team.

Johnny Lu Shao, formerly head of Capital Markets for… Read More>>

Kelvin Wong Pamfleet

Pamfleet Launches 67-Unit Shanghai Co-Living Project

2018/03/28 by Greg Isaacson Leave a Comment

Hong Kong-based real estate investment firm Pamfleet is launching a pioneering co-living project in Shanghai, the company revealed to Mingtiandi, as the communal living model that has proven popular with young professionals in Europe and the US makes its first… Read More>>

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