Asia real estate and outbound investment news
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>>
US shopping centre REIT Taubman Centers has named veteran Paul Wright as the new president of its Asian operation, according to a statement by the company on Friday.
Wright, who first joined Hong Kong-based Taubman Asia in 2006, takes over… Read More>>
Taubman Centers announced late last week that it has agreed to sell a 50 percent stake in the shopping centre assets of its Asian division to US alternative investment giant Blackstone in a deal valued at $480 million.
The transaction… Read More>>
The Asian arm of US mall operator Taubman Centers has won recognition for its achievements in the design and development creativity of the Starfield Hanam Shopping Center in South Korea, according to a media release.
Taubman Asia took home a… Read More>>
The Asian arm of US mall operator Taubman Centers has won recognition for the launch of its second Chinese shopping centre, which drew on everything from magic shows to partnerships with mobile ride-sharing platforms to lure shoppers to the new… Read More>>
With more than 705 million Chinese hitting the road during last week’s National Day holiday, now is a good time to take stock of the regional real estate pros who have recently moved into new jobs. Heading this week’s edition… Read More>>
It’s Friday and some people will spend time this weekend doing a little shopping. For M&G Real Estate the major purchases of the week may already be complete after the private equity shop acquired a mall in the South Korean… Read More>>
Taubman Centers has named Peter J Sharp as president of Taubman Asia, as current president René Tremblay transitions to chairman of the Asian branch of the US retail REIT effective January 1 next year, according to a statement by the… Read More>>
The head of the world’s biggest alternative investor thinks China should get more transparent about its policies, while one of Hong Kong’s most controversial developers put out the highest bid for a luxury condo site. Also, a US mall giant… Read More>>
A star-studded crew of celebrities, including actor Robert De Niro and singer Mariah Carey, stopped by Macau on Wednesday to open Macau Studio City, a new integrated resort that seeks to meld Hollywood themed entertainment with a 1,600-room hotel and… Read More>>
