Chinese investment firm Citic Capital Holdings Limited and Portuguese mall operator Sonae Sierra recently announced a new joint venture to lease and manage shopping centres in China. The new company intends to provide services to the owners of the millions… Read More>>
CapitaLand to Take CapitaMalls Asia Division Private for $2.5B
Southeast Asia’s largest real estate developer, CapitaLand, announced this afternoon that it is offering to buy back its Singapore-listed subsidiary, CapitaMalls Asia Ltd, for S$3.06 billion ($2.45 billion).
CapitaMalls Asia has been CapitaLand’s retail development subsidiary, and is perhaps best… 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.
New Apple Store Under Construction in Shanghai’s IAPM Mall – Today’s China Real Estate Links | September 12, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
According to a photo posted on Twitter (via ifoAppleStore), Apple seems… Read More>>
JLL Predicts Record Number of New Malls in China – and more of Today’s China Real Estate Links | July 10, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Retail sales slowed in China in late 2012 and early 2013,… Read More>>
US Fashion Brand Hollister Rides the China Retail Wave
Maybe the new surfer’s paradise is the smoggy, landlocked capital of China, as surf-wear retailer Hollister opened its fifth China location on Saturday in Beijing.
The casual fashion brand, which is owned by Abercrombie & Fitch opened its first two… Read More>>
Morgan Stanley to Sell Shanghai Project for RMB 3-3.5 Billion
According to informed sources, a Morgan Stanley managed real estate fund is wrapping up negotiations to sell the Life Hub @ Jinqiao office and retail project in Shanghai’s Pudong district for between RMB 3 billon and RMB 3.5 billion.
While… Read More>>
China Housing Prices Flat in June – and more of today’s China Real Estate Links | July 19, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
Average housing prices in 70 Chinese cities were flat… Read More>>
China’s Retail Space to Outstrip All of Europe This Decade
China will have more shopping centre space than Western Europe in 5 to 10 years, as developers race to build glitzy malls for the country’s fast-growing middle classes, according to a recent report by real estate consultancy CBRE.
However, while… Read More>>
Harry Winston and Marimekko Join the China Retail Crowd
Yet more proof that China is becoming the retail capital of the world this week as two more major retail brands announced new shops in the country.
First, American jeweler to the stars, Harry Winston brought the bling to China… Read More>>
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