…se picky shoppers. A reporter from China Radio International found that, A store at a shopping mall in Xi’an, northwest China’s Shaanxi province, is displaying over 50 million yuan worth of gold products along a 10-meter-long stretch of the mall’s walkway, dubbed the “golden avenue,” as part of a promotion for the store’s January 8 grand opening, cnwest.com reports. Products on display along the golden avenue include gold bars, gold bricks and gol…
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Prada Takes Pop-Up Shop on Asia Tour, Starting in Macau
…Bangkok’s Emporium shopping mall, and just this month launched an official online store in China. Prada Kicks off China Pop-Up Store Tour in Macau Prada boss Patrizio Bertelli keeps popping up in Greater China Prada’s newest pop-up store, Prada Spirit, will be installed for a month in the Promenade Shops’ Pearl Lobby area of the Galaxy Macau in Cotai district, the company announced. The space, featuring an exclusive product selection of leather go…
Bubble Tea and Lipstick in the Mix as Pradera Lures China’s Post-Millennials Back to East Nanjing Road
…t-growing consumer class. Originally opened in 1932, the former department store at 353 East Nanjing Lu was originally part of a cluster of western style retail emporiums that made what is now the East Nanjing Lu walking street famous at the “Fifth Avenue” of China. Now with the 40,270 square metre (433,463 square foot) mall in Huangpu district accessible via Metro Lines 2 and 10, and pedestrian traffic on the rise in the traditional commercial st…
Victoria’s Secret Closes Hong Kong Flagship Store and More Asia Real Estate Headlines
…We regret to inform you that we have closed the Victoria’s Secret Flagship Store at Causeway Bay in Hong Kong. You will be available to shop online on our international website.” Read more>> India’s Mindspace Business Park REIT Revives IPO Plan Mindspace Business Parks REIT has restarted work on its initial public offering (IPO), three people aware of the development said, as the resumption of economic activity brightens outlook for the real estat…
ESR-Logos REIT Selling Aussie Complex and More Asia Real Estate Headlines
…ainan Store From Beijing Capital Land for $140.4M Beijing-based department store operator Wangfujing Group has agreed to acquire an outlet store in Hainan province from Beijing Capital Land subsidiary Juyuan Xincheng Tianjin Investment Management through a RMB 936.6 million ($140.4 million) deal. As part of the deal disclosed Tuesday, Wangfujing will pay Juyuan Xincheng RMB 160 million for the outlet store and an additional RMB 776.6 million to co…
Singaporean Investor Buys Australia’s Lindeman Island and More Asia Real Estate Headlines
…alled ‘Apple BKC’. An official teaser has also surfaced on the Apple India Store website. Apple has revealed the banner of its first retail store in India at Jio World Drive Mall, Mumbai, marking the opening of Apple BKC. The Apple website reads, “Hello Mumbai. We are getting ready to welcome you aboard our first store in India. And raring to see where your creativity takes you at Apple BKC.” Read more>> Singapore Property Investment Down 61% in F…
Shopping Centres Go Social to Attract Chinese Consumers: China Mall 2020
…-anchors has grown dramatically. The scale of the mall dedicated to anchor stores, e.g., department stores and supermarkets, has been in decline while the overall number of such stores has also fallen.” The entrance to Taubman Asia’s CityOn mall in Zhengzhou, China (Image courtesy of Taubman Asia) Earlier this year Chinese retail developer Dalian Wanda anounced that it would close nearly half of its own department stores nationally, and Malaysian…
Wanda Launching Online Investment Product to Fund 900 New Malls
…ncing scheme is likely to prove inadequate. Luckily, there’s the Internet. Online Financing for Offline Projects Greenland Group, which primarily markets residential properties, rolled out its first online financing vehicle earlier this month and was able to raise RMB 200 million ($32 million) in just 30 minutes. Greenland’s wealth management product capitalised on consumer dissatisfaction with low-interest savings accounts and public confidence i…
How Modern Warehouses Help Ecommerce Rewire Asia’s Consumption Patterns Sponsored Feature
…s that they do – to which I respond, “my company builds the buildings that store the items you buy online”. The conversation usually expands from there and I explain that LOGOS develops buildings that store goods ranging from industrial to consumer use. We develop property infrastructure in the physical world to underpin the network infrastructure in the virtual world. As the internet’s maturation as a transportation network drives ecommerce to in…
Pradera Retail Asia Refines Strategic Vision With Mosaic Shanghai Sponsored Feature
…It also houses the international sportswear brand FILA’s largest flagship store in Greater China and one of the leading flagship stores of H&M. Popular Chinese beverage start-up Heytea is also launching a shop for its cheese-topped tea drinks by early 2019. Also serving the needs of local office workers, as well as nearby corporates, is a new shared office facility which will open in Mosaic Shanghai in 2019. Rehill-Erguven revealed that Pradera R…
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