Century21 China Real Estate Gains Investment
Realogy Corporation has made a minority equity investment in Century21 China Real Estate, an independently owned company that serves as the master franchisor for Realogy's Century21 brand in China. "We...
View ArticleAeon To Open Jusco Store In Beijing's Chaoyang District
Aeon Co.,Ltd., a wholly-owned subsidiary of Aeon in China, has signed a contract with Beijing Hongtai Jiye Real Estate Development Co., Ltd., a subsidiary of COFCO, to open a Jusco supermarket in...
View ArticleHong Kong Companies Paying Higher Prices For Office Space
According to a CB Richard Ellis Group Inc. survey, Hong Kong's Central Business District continued to rank globally in second place as the most expensive and also recorded the fastest year-over-year...
View ArticleGaleries Lafayette Plans To Open 15 Stores In China Over Five Years
Financial Street Holding has announced in Hong Kong that its wholly-owned subsidiary Beijing Jinsheng Real Estate Development Company has signed a 20-year lease agreement with Galeries Lafayette...
View ArticleMerrill Lynch Asia Real Estate Assets Handed Off To Blackstone
The Blackstone Group has inked an agreement to manage Bank of America Merrill Lynch's Asian real estate assets across Asia, with the majority in Japan, China, India and South Korea. The Blackstone...
View ArticleChinese Real Estate Market Continues Fast Growth
Investment in China's real estate sector in the first eleven months of 2010 grew by more than a third over the preceding year. According to China's National Bureau of Statistics, from January to...
View ArticleGome Nixes Real Estate Joint Venture
Chinese electronics and home appliances retailer Gome has published its unaudited performance results for first three quarters of 2011, stating that from January to September 2011, its total revenue...
View ArticleTop Ten Most Expensive Global Office Rents Include Hong Kong, Beijing
Hong Kong's Central Business District ranks second to London's West End as the world's most expensive office market. According to research published by real estate firm Cushman & Wakefield, the top...
View ArticleC C Land Buys Guiyang Property For Mixed Use Development
C C Land Holdings Limited has successfully acquired a land lot in Guiyang through its 85%-owned subsidiary Guiyang Zhong Yu Real Estate Development Company Limited. The total consideration in Guizhou...
View ArticleYonghui Supermarket To Open Six Wanda Plaza Stores In 2013
According to Luo Wenxia, vice president of Yonghui Supermarket, the company plans to open six stores at Wanda Plazas in 2013. Luo said Yonghui cooperates with Wanda Plaza in launching five or six...
View ArticleMaster Kong Will Build Second Headquarters In Shanghai
Chinese food and beverage company Master Kong plans to invest nearly CNY2.5 billion to purchase the entire stake in WealthCity from Wei Yingjiao, a major shareholder and executive director of the...
View ArticleWatsons Aims At 2,200 Stores In Mainland China By 2015
After 25 years of development in the Chinese market, Watsons has reportedly opened over 1,800 stores in mainland China and the company plans to increase the number to 2,200 by the end of 2014. As...
View ArticleWal-Mart To Open First Shopping Center In Zhuhai As It Closes Others
Wal-Mart announced that they will invest about CNY600 million to build a new community shopping center with a total construction area of about 100,000 square meters in Zhuhai, and the company will...
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Wanda Group Reports CNY120 Billion Revenue Growth
China's Wanda Group, owner of shopping malls and real estate across the Middle Kingdom, has reported it latest financial results. Wanda Group published a performance briefing for the first half of 2016...
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Shirble Department Store To Acquire Two Properties For CNY611 Million
Shenzhen-based department store operator Shirble will invest CNY611 million to purchase two properties in Shenzhen and Changsha. Shirble will pay CNY419 million for the property in Shenzhen and it will...
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