Asia real estate and outbound investment news
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>>
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>>
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>>
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>>
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, 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>>
China’s largest developer by sales took a major step toward transforming its business model last week when Vanke signed a memorandum of understanding to sell a nine of its commercial real estate projects to Carlyle Group.
The deal between China… Read More>>
While most real estate developers in China are turning cautious about taking on new housing projects in second and third-tier cities, SM Group’s Henry Sy is announcing new residential developments planned for the cities of Chengdu and Yangzhou.
Sy, who… Read More>>
With the easy profits of China’s housing boom dwindling into memory, the country’s biggest homebuilder by sales is turning to the already crowded retail real estate sector for profits.
However, China Vanke seems to have learned some lessons from competing… Read More>>
China led the world in new shopping space in 2013 with nine of the ten leading cities for new mall completion coming from China, according to a recently published report.
The study by real estate services company CBRE found that… Read More>>
