In today’s batch of regional news headlines, India’s Embassy REIT agrees to buy business park assets from a Blackstone-led joint venture, property services firm Sunac eyes a $1 billion capital raise from its Hong Kong IPO, and department store chain… Read More>>
Colonel Sanders’ fingerlickin’ fried chicken leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Shanghai-based operator of mainland China fast food chains including KFC, Pizza Hut and Taco Bell has temporarily… Read More>>
A Softbank-backed hotel chain leads Mingtiandi’s roundup of real estate headlines today with the news that hostile hostelry owners had stormed the startup’s Shanghai office in an attempt to collect overdue payments.
In other news around the region, the average… Read More>>
A joint venture between a pair of Singapore-listed companies leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the allied companies have purchased a residential plot in mainland China for $240 million, just… Read More>>
A Singapore-listed mainland developer leads Mingtiandi’s roundup of real estate headlines today with the disclosure that its 31-year-old CEO had left the company four months ago after disclosing that it also seems to have lost its executive chairman.
In other… Read More>>
Chinese investment firm Fosun International is reportedly in talks to to buy a 426 million euro ($495 million) stake in German food wholesaler Metro AG, unnamed sources told Bloomberg. With Metro’s current market capitalization of 4.85 billion euros, Fosun would… Read More>>
American wholesale giant Costco is opening its first store in the world’s second-biggest economy, even as foreign retailers like Tesco and Lotte scale back their businesses in China due to market barriers and disappointing sales.
Costco inked an agreement with… Read More>>
This week China’s real estate community sees a new head of China real estate investment for a major US financial concern, a veteran broker joins JLL to advise Chinese investors on overseas deals and more. Read on for details.
Susan Sun… Read More>>
Each week on Mingtiandi we track who among China’s commercial real estate community has left their former role, been promoted or maybe just decided to move to a city with cleaner air and better life expectancy.
Evan Choo is now Senior… Read More>>