The Apple Store at IFC Mall Pudong Hong Kong real estate developer Sun Hung Kai (SHK) is rapidly establishing itself as one of China’s leading mall developers thanks to the success of its IFC mall project in Shanghai. According a recent story in Hong Kong’s Standard, IFC mall generated nearly HK$400 million in rent for SHK during 2010, and with the opening more than 100,000 additional square metres of retail space in the company’s iAPM project on…
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10 More China Real Estate Stats and News Round-Up
…ome more cheerful news, there is always the retail sector; Plaza 66 developer Hang Lung sees its profits jump thanks to rising retail rents Disney will open its first China store in 2012 and plans 25-40 more by 2015 Enjoy your holiday and thanks for reading Mingtiandi during the rabbit year….
Today’s China Real Estate Links | February 13, 2012
…p 42.6 per cent from the previously reported S$144 million last year. DQ’s Store Count in China Hits 500, More Planned The Dairy Queensystem, part of Berkshire Hathaway, has opened its 500th location in China and has plans to open more than 100 new restaurants there by the end of 2012. Chinese Developers Rise on Central Bank Pledge Chinese developers, including KWG Property Holding Ltd. and Shimao Property Holdings Ltd., rose for a second day afte…
Wuhu-oops! Anhui City Reverses Relaxation of Real Estate Rules
Major disappointment was in store today for investors anticipating an end to China’s restrictions on its real estate markets as an eastern China city which had been the first to offer relaxed policies on residential property purchases this year abruptly reversed itself. Only last Thursday, the city of Wuhu in eastern China’s Anhui province had offered subsidies on new home purchases as well as waiving deed taxes in an effort to revive the city’s…
Entrepreneur Sunday — Fixing My Own Mac
…n Sunday so far, but it was a productive one. And I didn’t have to stand in line at the Genius Counter at the Apple Store….
China Vanke 2011 Profit Rises 32% — and more of today’s China real estate links | March 14, 2012
…As fears mounted about the prospect of a Chinese property crash, mainland developers discovered that they were no longer able to sell bonds to foreign investors. Golden Eagle 2011 Profit Rises 26% on Rising Incomes Golden Eagle Retail Group Ltd. (3308), a department store operator based in eastern China’s Jiangsu province, said 2011 profit gained 26 percent as it benefited from shoppers’ rising incomes. This list is updated daily, so tune in agai…
China Housing Prices Are Not Collapsing – and more of today’s China Real Estate Links | March 21, 2012
…italism in China Will Fade, SOHO Says Bo Xilai’s ouster last week as head of Chongqing is a signal that China will increase the role of private businesses in the economy and scale back state capitalism, said Zhang Xin, Chief Executive Officer of Soho China Ltd. Intersport to Open 80-100 Stores in South China Intersport International Corp. (IIC) is opening 80 to 100 multi-sport/multi-brand stores with a retail surface of 1,000 – 1,500 square meters…
Apple Plans Further Retail Investment in China – and more of today’s China Real Estate Links | March 28, 2012
…forecast the company made two years ago. HTC plans up to 4,000 new retail stores in China HTC Corp (宏達電), the world’s No. 5 smartphone brand, plans to expand its retail stores in China to between 3,000 and 4,000, from the current 2,000, by the end of this year in view of China’s strong demand for its smartphones, a company official said yesterday. This list is updated daily, so tune in again tomorrow for more up to date information, or subscribe…
Shui On to Accelerate Chongqing Project After Bo’s Ouster – and more of Today’s China Real Estate Links | April 24, 2012
…iling plans to accelerate growth in China and is set to open 62 additional stores in the country over a one year period. The retailer said it plans to open 62 stores over the year ended August 2012. Shanghai and Beijing Among World’s Top Retail Cities Says CBRE A SURVEY of 326 of the world’s top retailers showed that 38.9 per cent of them are in Singapore, making it the 10th most popular retail city in the world. The only Asian city to fare better…
Harry Winston and Marimekko Join the China Retail Crowd
…iamonds, so it’s no surprise that more companies are interested in setting up shops to peddle shiny things to the nation’s pretty people. Also this week, Finnish fashion brand Marimekko (wait, Finland makes something besides Nokias and reindeer?) celebrated the opening of its first retail store in Hong Kong. At the same time, the company stated that it plans to open an outlet in Shanghai as soon as it can located proper premises. According to Mari…
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