Clik here to view.
China Now Asia’s Largest Retail Market as Consumption Grows
China is now Asia’s largest retail economy with sales of US$1.7 billion forecast for 2013, making the country the primary target for expanding international retailers, according to a report published...
View ArticleClik here to view.
China Anti-Corruption Drive Hits Luxury Brands and Landlords
Global luxury brands and the mall developers that love them have hit hard times in China as Xi Jinping’s anti-corruption campaign has seen shoppers desert high end stores.According to a recent report...
View ArticleClik here to view.
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...
View ArticleClik here to view.
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...
View ArticleClik here to view.
Bankruptcy is Good and Only Buy in Bear Markets Hang Lung Chief Says
Bankruptcy and bear markets are on the way for China’s property sector in 2014 and Hang Lung Properties Chairman Ronnie Chan couldn’t be happier.I had a chance to speak with Chan when he appeared at a...
View ArticleClik here to view.
New World’s K11 Appoints JLL to Lease 257k Sqm Shenyang Mall
Leading Hong Kong developer New World Development Company Limited has selected real estate consultancy JLL to help lease its Shenyang K11 Art Mall. The retail development will be the biggest shopping...
View ArticleClik here to view.
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...
View ArticleClik here to view.
Wahaha Goes Boohoohoo in Hangzhou Mall Default
Leasing out retail space is as easy as selling colored sugar water to babies, or at least it looked that way to China beverage magnate Zong Qinghou when he opened his first Waow Plaza mall in Hangzhou...
View ArticleClik here to view.
Philippine Developer Sinks $100M More into Tianjin Megamall
Mall developer SM Prime, the listed vehicle of Filipino billionaire Henry Sy has already dipped into at least $50-$100 million of a recent bond sale to help bring to market its 530,000 square metre SM...
View ArticleClik here to view.
Apple to Open Latest China Retail Store in Chongqing
Apple will open its eleventh store in China on Saturday as the US electronics firm continues to enjoy mad popularity in the world’s second-largest economy, despite recent criticism from local media.The...
View ArticleClik here to view.
Taubman Asia Brings Home ICSC Marketing Prize for Zhengzhou Mall
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...
View ArticleClik here to view.
Vanke, SCPG and Hopu Buying 20 China Malls from CapitaLand for $1.3B
Top homebuilder China Vanke and its commercial property platform SCP Group (SCPG) have entered a deal to buy a portfolio of 20 mainland shopping malls from Singapore’s CapitaLand for RMB 8.37 billion...
View ArticleClik here to view.
Luring China’s Ecommerce Junkies Back to the Mall With Dungeons, Horses and a...
Chinese consumers bought RMB 4.88 trillion ($760 billion) in products online during the first three quarters of last year — roughly equivalent to the annual GDP of the Netherlands — as many shoppers...
View ArticleClik here to view.
COFCO Property Merger Bringing HK-Listed Joy City Back to Mainland Exchange
China’s COFCO Group is merging a pair of real estate developers with a combined market cap of $4.7 billion dollars as the state-owned conglomerate follows through on restructuring plans related to...
View ArticleClik here to view.
Suning Buys 37 Wanda Department Stores for Under RMB 8B
Dalian Wanda has sold 37 department stores to Chinese retailer Suning.com for an amount estimated to be less than RMB 8 billion ($1.18 billion) as China’s largest commercial developer continues a...
View ArticleClik here to view.
Alibaba Said in Talks to Buy Stake in German Retailer Metro’s China Stores
Alibaba is in talks to acquire a portion of the China operations of German retailer Metro, according to a Thursday report by Reuters, as the company that handles nearly 60 percent of China’s online...
View ArticleClik here to view.
Singapore Home Sales Jump 30% in May and More Asia Real Estate Headlines
Singapore home sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today after deals for new housing took a 30 percent jump, while a Chinese e-commerce giant and a large mainland...
View ArticleClik here to view.
Mainland Sportswear Giant Files for $1B HK IPO and More Asia Real Estate...
Retail leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a China footwear retailer that partners with Nike and Adidas has filed for an initial public offering...
View ArticleClik here to view.
Tencent-Backed Vipshop Buys Five China Outlet Malls for RMB 2.9B
China’s online retail giants continued their invasion of the physical shopping world this past week as a fashion ecommerce player backed by Tencent and JD.com agreed to buy an outlet mall chain for RMB...
View ArticleClik here to view.
ARA Teams Up with Straits Real Estate and ICBCI to Buy Pudong Mall for RMB 2.4B
ARA Asset Management has made its second investment in mainland China retail in just over six months with the joint acquisition of a shopping mall in Shanghai, as the property investment specialist...
View Article
