While Vietnam has been gaining popularity as a vacation destination in recent years, the Southeast Asian nation may soon be greeting an influx of hopeful property investors after a Warburg Pincus-backed mall developer celebrated the country’s biggest ever public listing… Read More>>
During the last few weeks Dalian Wanda Group has announced the sale of more than $9.3 billion of its domestic hotel and tourism projects as the property developer controlled by billionaire Wang Jianlin struggles with a mountain of debt and… Read More>>
The world’s largest alternative investment firm headed to Singapore’s stock exchange this week and on its shopping list was a portfolio of 11 Japanese shopping malls, according to an announcement this week by Singapore-listed REIT, Croesus Retail Trust.
Affiliates of… Read More>>
China Vanke may have lost its founder and CEO last week, but the country’s second-largest developer by sales is also flexing its muscles in the retail property market.
After leading a $1.9 billion acquisition of the Blackstone-controlled mall platform SCP… Read More>>
Wang Jianlin continues the expansion of his retail empire in mainland China, as the billionaire’s Dalian Wanda Group announced the opening of three large shopping malls just months after the commercial property developer chalked up a record drop in revenues.
Hong Kong’s Link REIT has completed its RMB 4.1 billion ($589 million) acquisition of the Metropolitan Plaza mall in Guangzhou from funds controlled by Morgan Stanley and Gaw Capital, according to a recent statement by the manager of the real… Read More>>
Singles’ Day is in the books and while this year’s online shopping event brought in $17.8 billion in sales, some firms still prefer retail to be a brick and mortar affair. CapitaLand is among the most bullish on the country’s… Read More>>
Stories of China’s glut of shopping malls rank only slightly behind headlines about its housing bubble for mainland property horror stories, but CPPIB seems to believe there might still be a happy ending for investments in China’s retail real estate… Read More>>
More bad news for China’s struggling brick and mortar retailers as a recent report from the Chinese Academy of Sciences and Social Sciences Academic Press predicted as many as one-third of all shopping centers in China will close their doors… Read More>>
A real estate investment trust managed by Singapore’s top developer will acquire a shopping mall in Chengdu from BlackRock for RMB 1.5 billion ($226 million), at a time when China’s retail property sector is struggling in the face of oversupply… Read More>>