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>>
Flash Flood Wipes Out China Mall in Latest Retail Setback
China’s shopping centre scene has been a bit of a disaster lately, but the crush of bad news reached a new level last week when a flash flood surged through a mall in the city of Jinan, washing away merchandise… Read More>>
China Real Estate News Around the Web 2015-09-21
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Sunac Drops Yurun Talks as 3rd Takeover Bid Fizzles
Sunac China Holdings Ltd., the Chinese developer that dropped a takeover bid… Read More>>
Mingtiandi Launches China Retail White Paper in Shanghai
China’s leading source of real estate intelligence today launched its first in-depth exploration into the future of China’s retail industry at a press conference in downtown Shanghai.
The 52-page white paper by Mingtiandi, China Mall 2020, examines the potential… Read More>>
Swire Planning 124,000 Sqm Mall for Shanghai’s Qiantan Area
Swire Properties, which is planning to open a 321,000 square metre commercial complex in Shanghai’s Jing An District next year, now has big plans for Pudong as well.
The Hong Kong-based developer recently announced that it has signed a framework… Read More>>
Melco Crown and Taubman Asia to Open New Macau Shopping Destination
Casino operator Melco Crown Entertainment and mall developer Taubman Asia have joined forces to create a new entertainment-focused shopping experience at the soon to be opened Studio City resort in Macau.
The new mall will be part of the family… Read More>>
Wanda Testing New O2O Platform with Tencent, Baidu
The head of one of the world’s biggest mall developers boldly stepped into the online world this month when Wang Jianlin of China’s Dalian Wanda Group began testing out his company’s new online-to-offline (O2O) retail platform.
The service, driven by the… Read More>>
LVMH-Backed Fund Puts Down $100M to Join Rush into Outlet Malls
China’s tigers and flies may be hiding their Gucci bags and Prada purses in the closet this year, but an investment fund belonging to one of the world’s largest luxury purveyors is betting $100 million that demand for logos and… Read More>>
Building One New Mall a Year is Easy if You’re Real Estate’s Brad Pitt
Every city where Ronnie Chan’s Hang Lung Properties opens a new mall, there are at least 15-25 other shopping centres being built, according to his own estimates. But the chairman of the Hong Kong-listed developer of Shanghai’s Plaza 66 and… Read More>>
Dalian Wanda Opens 100th China Mall in Run-Up to HK IPO
Dalian Wanda, the real estate developer belonging to tycoon Wang Jianlin, celebrated the opening of its 100th Wanda Plaza mall on Friday, just in time to help out with the company’s upcoming IPO.
The commercial property firm celebrated the opening… Read More>>
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