Land deposits lead the way in Mingtiandi’s roundup of real estate headlines today with the news that the Hong Kong Lands Department is doubling deposit requirement on government land sales to HK$50 million ($6.3 million) after a nervous buyer backed… Read More>>
Mainland Shopping Goes Suburban as Outlet Malls Open
While strolling through Plaza 66 on a Saturday may still look sexy, China’s label-conscious consumers are rapidly discovering one of the staples of suburban America – the outlet mall.
According to a statement from London-based outlet mall developer Value Retail,… Read More>>
Fast-Fashion Continues to Rise Despite Ecommerce Onslaught
While China’s luxury retailers have struggled to meet their goals in recent months, the country’s mid-range brands have continued to expand at a record pace, according to a new research report.
Leasing of retail space by fast-fashion brands such as… Read More>>
65% of Luxury Retailers Missing China Targets Amid Anti-Corruption Drive
Zara is in and Prada is out as Xi Jinping’s crackdown on corruption is starting to cause problems for high-end brands in China. According to a recent market survey 65 percent of luxury retailers failed to reach their targets for… Read More>>
Foreign Retailers Shift Away from Prime Areas as HK Rents Rise
Hong Kong’s retailing landscape is changing. With the competition for space in the city’s traditional retail districts–Central, Causeway Bay, Tsimshatsui and Mongkok–driving rents to eye-watering levels, foreign retailers are increasingly shifting their focus to shopping centres in the New Territories. Fast fashion brands such as Uniqlo, Gap, H&M and Zara have been leading the trend but others are following.
In addition to capturing a share of the growing Mainland-shopper market, retailer interest is also being attracted by growing local populations resulting from the completion of new residential developments.
Chinese Group to Invest $1 Billion in California Mixed-Use Project – and more of Today’s China Real Estate Links | April 12, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
A Chinese investment group said Wednesday it will finance the majority… Read More>>
China home price declines slow, Beijing to keep curbs – and more of Today’s China Real Estate Links | June 19, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
China’s home prices dipped for the eighth straight month in May but… Read More>>