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  • November 28, 2014
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  1. Property - Hong Kong & China - RETAILING

    Taubman Asia investing US$600m in new shopping centres

    Posted Jul 09th 2014, 05:02am by Sandy Li

    ... and Zhengzhou, Henan province. Taubman is also investing US$350 million in a third joint venture, a 158,000 square metre shopping centre, Hanam Union Square, in Seoul, South Korea, due to open in 2016. ... Sandy Li sandy.li@scmp.com Shopping centres in mainland cities Xian and Zhengzhou to benefit from 40 per cent of budget Taubman Asia investing US$600m in new malls Taubman Asia, ...

  2. Property - Hong Kong & China - REAL ESTATE

    Worse glut in China's smaller cities may be in malls, not flats

    Posted Jul 30th 2014, 10:47am by Langi Chiang, Sandy Li

    ... are buying goods online. Recent visits to the third-tier cities of Xiamen, in Fujian province, and Yantai, in Shandong province, found both were expecting a flurry of shopping mall openings ... last month. It said the mainland's commercial property inventory would take much longer to digest than its residential space. In Yantai, more than half a dozen new projects will be opened ...

  3. Property - Hong Kong & China - C-SUITE

    Taubman Asia moves into shopping mall market in China

    Posted Jul 09th 2014, 05:02am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Taubman Asia is venturing into the mainland by opening shopping centres in Xian and Zhengzhou, which president Rene Tremblay says are the first steps into the huge market Q&A Rene Tremblay, president of Taubman Asia, the Asian arm of US mall operator Taubman Centres, is responsible for driving Taubman’s shopping centre expansion in Asia-Pacific.  ...

  4. Business - Money - LISTINGS

    Rail design firm secures backers for share offer

    Posted Jun 25th 2014, 02:37am by Sandy Li

    ... investors Five cornerstone investors have committed to put US$70 million into Beijing Urban Construction Design & Development Group's (BUCDD) initial public offering in Hong Kong, according ... Kong-listed CSR Corp, and Capital Queen, an indirect subsidiary of Hong Kong-listed Beijing Capital Land, each agreed to subscribe US$20 million to the share offering. The other three cornerstone ...

  5. Business - Companies - COMPANIES

    Sino Land moves into dishwashing to save Hong Kong restaurants money

    Posted May 19th 2014, 03:22am by Sandy Li

    ... centralised dishwashing centre, he said. Its first 6,000 sq ft Perfect Wash Dishwashing and Sterilisation Service Centre in Yau Tong Industrial City opened on May 8 and has received tremendous ... the company would first target restaurants in the nearby area. "And we are now developing a logistics system with Polytechnic University. It will help us map out the fastest routes when we ...

  6. Property - Hong Kong & China - GAMING

    Landing International chairman gambles on tourism plan in Jeju

    Posted May 26th 2014, 05:07am by Sandy Li

    ... was forming a 50-50 joint venture with casino operator Genting Singapore to develop a US$2.2 billion casino resort on Jeju, a popular holiday destination for rich mainlanders. "I'm now ... more frequently between Hong Kong and Jeju, Landing has agreed to acquire a brand new aircraft, worth US$53.2 million, from Yang. I'm spending half of my time in Jeju and the remaining ...

  7. Business - Companies - TECHNOLOGY

    SuneVision data centre project stays on course

    Posted Dec 17th 2013, 03:55am by Sandy Li

    ... players seeking to add more space," he said. Last week, Google was reported to have abandoned its US$100 million data centre plan at the Tseung Kwan O Industrial Estate due to a lack ... for the remaining [untendered] land in the two industrial estates [in Tseung Kwan O and Yuen Long]. This [Google] land will be included in the review as well. No land will be opened for application before ...

  8. Business - Companies - TECHNOLOGY

    In wake of Google pull-out, SuneVision still sticks to its data centre project

    Posted Dec 16th 2013, 11:13am by Sandy Li

    ... seeking to add more space,” he said. Last week, Google was reported to have abandoned its US$100 million data centre plan at the Tseung Kwan O Industrial Estate because of a lack of available ... in the two industrial estates [in Tseung Kwan O and Yuen Long]. This [Google] land will be included in the review as well. No land will be opened for application before the completion of the study,” ...

  9. Huge potential in budget rooms

    Posted Jun 21st 2006, 12:00am by Peggy Sito, Sandy Li

    ... Zhang said Accor had signed up agreements to develop 30 budget hotels in cities including Shanghai, Xian and Chongqing. Its total investment would be US$100 million. 'Our target is to open ... opportunities for banks like his. He recently accompanied a US company on a trip to Shanghai to study an investment in a small, locally owned hotel. 'There are a lot of small hotels operated ...

  10. Rockefeller eyes 2007 opening for Bund complex

    Posted Dec 21st 2005, 12:00am by Sandy Li

    ... of the site at least within the next year and should have part of it opened by late 2007.' The US$300 million first phase involves seven buildings with a floor area of more than one million ...




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