Swire Properties has announced its second exit from a Miami project in less than one month with the Hong Kong-listed developer saying late Friday that it has sold its 75 percent stake in the Brickell City City Centre mall for… Read More>>
China Logistics Properties Stake on Block for $1B and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, China Logistics’ two biggest shareholders set in motion a plan to sell a 50 percent stake in the firm, a Hong Kong mixed-use property formally changes hands, and Singapore developer CDL obtains… Read More>>
Simon Properties Sues in US Court to Cancel $3.6B Acquisition of Taubman
The COVID-19 pandemic drove the biggest drop in US retail sales ever during April, and now the coronavirus has also killed off the country’s largest mall developer’s appetite for a $3.6 billion merger.
Simon Property Group in a 202-page declaratory… Read More>>
Softbank Expects $6.6B Loss on WeWork and More Asia Real Estate Headlines
Masayoshi Son’s Softbank leads Mingtiandi’s collection of real estate stories today as the Japanese tech investment firm announces that it expects to record a $6.6 billion loss on its gamble on ill-fated co-working provider WeWork.
Also in the headlines, the… Read More>>
US Retail Giant Simon Property to Buy Rival Taubman for $3.6B
Two of America’s largest mall owners are set to merge in a $3.6 billion deal as Simon Property Group moves to become the biggest retail landlord left standing with a takeover of competing NYSE-listed REIT Taubman Centers.
Simon Property Group… Read More>>
JPMorgan China Clients Seeking Financing Abroad Rises to Record — and more of today’s China Real Estate Links | March 5, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
JPMorgan Chase & Co.’s (JPM) pipeline of clients from China seeking financing… Read More>>
US Commercial Developers Learning the China Real Estate Ropes
Despite some mis-steps in the past, American real estate developers are starting to make significant investments in China’s commercial property market. Major US retail developers Simon Property Group, and Taubman Centers, as well as other players such as Hines Interests of Houston, and… Read More>>