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Link REIT, Frasers Vie for $2B Singapore Mall Portfolio as Headwinds Build

2022/10/26 by Beatrice Laforga Leave a Comment

A tender for a set of Singapore malls is down to two contenders, with SGX-listed Frasers Property and Hong Kong’s Link REIT battling it out for the assets belonging to Mercatus Co-operative, in what would be the city’s biggest property… Read More>>

A tender for a set of Singapore malls is down to two contenders, with SGX-listed Frasers Property and Hong Kong’s Link … Read more>>>

Han Zhi Swire

Swire Properties JV to Develop Hainan Duty-Free Retail Complex

Han Zhi Swire

2022/10/26 by Iris Hong Leave a Comment

Swire Properties has taken another step toward fulfilling a HK$50 billion ($6.4 billion) mainland China investment plan by partnering with state-owned China Tourism Group Duty Free Corporation Limited (CTG Duty Free) to develop a resort-style retail complex in Hainan province.

… Read More>>

Swire Properties has taken another step toward fulfilling a HK$50 billion ($6.4 billion) mainland China investment plan … Read more>>>

Carlingford Court

Hong Kong’s JY Group Buys Half-Stake in Sydney Mall From Telstra Super for $78M

Carlingford Court

2022/09/29 by Christopher Caillavet Leave a Comment

Hong Kong investor JY Group has added to its collection of Australian retail assets by picking up a 50 percent stake in a suburban Sydney mall for A$120.5 million ($78.2 million).

JY Group purchased its half-interest in the Carlingford Court… Read More>>

Hong Kong investor JY Group has added to its collection of Australian retail assets by picking up a 50 percent stake in … Read more>>>

horae plaza 2

Hong Kong’s Fairland Holdings Buys To Kwa Wan Retail Centre for $54M

horae plaza 2

2022/09/05 by Christopher Caillavet Leave a Comment

Hong Kong developer Fairland Holdings has acquired a neighbourhood shopping centre in the urban renewal hotbed of To Kwa Wan for HK$425 million ($54.2 million).

Fairland, known locally for its suburban developments Fairview Park in Yuen Long and Hong Lok… Read More>>

Hong Kong developer Fairland Holdings has acquired a neighbourhood shopping centre in the urban renewal hotbed of To Kwa … Read more>>>

Guy Bradley Swire

Swire Mall in Shanghai Apologises for Violating Data Privacy Rules

Guy Bradley Swire

2022/08/31 by Iris Hong Leave a Comment

Taikoo Li Qiantan shopping mall, a Swire Properties joint venture in Shanghai’s Qiantan area, has apologised for violating Chinese data privacy rules after it shopping app caught the attention of a local consumer watchdog.

The state-run Shanghai Morning Post said… Read More>>

Taikoo Li Qiantan shopping mall, a Swire Properties joint venture in Shanghai’s Qiantan area, has apologised for … Read more>>>

Hugo Lin Tsz Fung

Hugo Lam’s Best Mart 360 to Sell 49% Stake to State-Owned China Merchants Group

Hugo Lin Tsz Fung

2022/08/28 by Christopher Caillavet Leave a Comment

Best Mart 360, the Hong Kong retail chain controlled by local property investor Hugo Lam (Lin Tsz Fung), revealed this week that it had entered into a tentative deal to sell a 49 percent stake in the company to state-owned… Read More>>

Best Mart 360, the Hong Kong retail chain controlled by local property investor Hugo Lam (Lin Tsz Fung), revealed this … Read more>>>

Shop Portfolio on the Market for $43M as Singapore Retail Rebounds

2022/07/13 by Beatrice Laforga Leave a Comment

A set of retail shops in one of the oldest shopping centres in downtown Singapore is on the market for S$60 million ($42.65 million) as the neighbourhood gets a lift from nearby rejuvenation projects like CapitaLand’s Funan mall.

Four strata… Read More>>

A set of retail shops in one of the oldest shopping centres in downtown Singapore is on the market for S$60 million … Read more>>>

Hugo Lin Tsz Fung

China Resources Buying Mall in Hong Kong’s New Territories for $170M

Hugo Lin Tsz Fung

2022/06/23 by Beatrice Laforga Leave a Comment

A unit of China Resources Group has picked up the group’s fifth major Hong Kong property over the past year with its purchase of a shopping complex in the New Territories from mainland investor Hugo Lam Chi-fung for a record… Read More>>

A unit of China Resources Group has picked up the group’s fifth major Hong Kong property over the past year with its … Read more>>>

James Koh Fragrance Group

Fragrance CEO Snaps Up Singapore Retail Site in $40M Collective Sale

James Koh Fragrance Group

2022/04/27 by Christopher Caillavet Leave a Comment

The founder of local developer Fragrance Group has won a tender for an en bloc site in Singapore’s Farrer Park area with a bid of S$55.1 million ($40 million), as the former love hotel entrepreneur continues an acquisition spree stretching… Read More>>

The founder of local developer Fragrance Group has won a tender for an en bloc site in Singapore’s Farrer Park area with … Read more>>>

Harry de Ferry Foster

Savills IM Fund Backed by ARA’s Lim Family, Straits Trading Acquires 4 UK Assets

Harry de Ferry Foster

2022/04/11 by Christopher Caillavet Leave a Comment

A Savills Investment Management fund backed by the family office of ARA founder John Lim and Singapore conglomerate Straits Trading has acquired four UK assets for £75 million ($97.6 million), according to a statement last week.

The four retail parks,… Read More>>

A Savills Investment Management fund backed by the family office of ARA founder John Lim and Singapore conglomerate … Read more>>>

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