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  • September 24, 2014
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  1. Hanny eyes commercial property

    Posted Mar 22nd 2011, 12:00am by Yvonne Liu

    ... will be Hanny's first project. It will invest 540 million yuan (HK$641.68 million) to build a 36-storey building on top of a five-storey basement. Jixiang Building will consist of a shopping centre and 827 serviced apartments. The gross floor area will be about 122,733 square metres. Hanny will start selling the apartments in the fourth quarter of this year, while the leasing of the shopping ...

  2. Insite to seek expansion as consumer market grows

    Posted Jun 01st 2009, 12:00am by Staff Reporter

    ... the mainland's fast-growing consumer market. The Shanghai-based firm has three shopping centres under management and is close to securing a new project in Shanghai soon, according to chief executive ... founded Insite last year after he served as president of Chia Tai Commercial Real Estate. Insite currently manages properties for Blackstone-owned Channel 1 shopping centre, Yueda-invested YD 889 ...

  3. British retailer to pay a record HK$620psf for IFC Mall shop

    Posted Jan 25th 2010, 12:00am by Sandy Li

    ... Sandy Li A British high-fashion retailer selling hair accessories and scarves has agreed to pay HK$620 per square foot to lease space at IFC Mall, a record for shopping centres in Central. ... International, said IFC Mall's rents would be considered the highest per square foot among malls in Central. The other shopping centre is the Landmark however the owner, Hongkong Land, does ...

  4. Beijing mall sells for record 6b yuan

    Posted Nov 26th 2010, 12:00am by Yvonne Liu

    ... Investors snapped up a shopping mall in Beijing for 6 billion yuan (HK$6.99 billion), reflecting strong demand for retail property and setting a new record for commercial real estate ... . 'Le Mall, located in Haidan district, west of Beijing, is one of the largest shopping malls in the capital ... There is no [other high-end] development in the area,' a retail agency ...

  5. Timeplus mall to close despite offer to tenants of halved rentals

    Posted Oct 15th 2008, 12:00am by Sandy Li

    ... Sandy Li All the shops at Timeplus, a shopping centre near Times Square in Causeway Bay partly owned by Yu Ming Investment, will close by the end of this month. Forty per cent of the tenants declined to renew their leases even though rents had been halved, tenants and agents said. The closure of the 99 shops at Timeplus, formerly the site of the popular Chuen Cheung Kui ...

  6. Singapore investor TCT to invest 1b yuan in mainland malls

    Posted Dec 22nd 2010, 12:00am by Peggy Sito

    ... Peggy Sito Singapore-listed property investor Treasury China Trust plans to invest more than one billion yuan (HK$1.16 billion) in at least three shopping arcades on the mainland as it positions itself to take advantage of the growing wealth of consumers there. On its acquisition list are shopping centres in Shanghai, Qingdao in the north and Xian in the west- a deliberate policy ...


    Posted Sep 24th 2004, 12:00am by Staff Reporter

    ... on credit and the sale signs keep beckoning. The IFC Mall is above the Airport Express check-in area. Most shops here are dedicated to fashion, with at least 40 designer labels. There is also a good ... cater to a broader (and younger) audience than the Central malls, and there are gift, accessory and sports shops. Seibu is a large department store where you will find more European and Japanese ...

  8. Golden Eagle dives after news of mall purchase

    Posted Nov 08th 2008, 12:00am by Staff Reporter

    ... Jasmine Wang Golden Eagle Retail Group, a mainland department store operator, says it has agreed to pay 998.54 million yuan (HK$1.13 billion) for a shopping plaza in Shanghai from its ... at the end of June, Golden Eagle's cash on hand stood at 860.87 million yuan, down from 1.75 billion yuan at the end of last year. The acquisition target is a nine-storey shopping plaza under ...

  9. Shops shut in protest at rent rises imposed by The Link contractors

    Posted Oct 30th 2008, 12:00am by Dennis Chong

    ... Since 2005, when The Link Reit, a real estate investment trust, was set up to acquire public estate shopping malls, car parks and other assets, there have been complaints that the privatisation has not improved shopping malls. It is not the first time operators have voiced their concerns at rent and management since the malls were privatised. Vendors at Choi Ming wet market in Tseung ...

  10. KCRC to boost shopping space at railway stations

    Posted Dec 15th 2004, 12:00am by Denise Tsang

    ... Tien Puk-sun. Adding shopping malls at stations of new railway lines to its portfolio would lift recurring rental income and passenger numbers, he said. The move underlines the desire ... shopping mall investment when it opens in 2009-2010,' Mr Tien said. The Tai Wai project, which represents 20 per cent of its 3.45 million sqft commercial property portfolio, could emerge ...




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