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retail property

SM Group of the Philippines sees China as ‘formidable’ market force even amid uneasy ties

by Anas Siddiqui
SM Group of the Philippines sees China as ‘formidable’ market force even amid uneasy ties

SM Investments Corp, the conglomerate controlled by the richest family in the Philippines, sees mainland China as a growth driver that teems with opportunities in the commercial property market, in …

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Hoka to open stores in Causeway Bay, Mong Kok as running shoe brand eyes rapid growth of fitness, health market in Asia

by Anas Siddiqui
Hoka to open stores in Causeway Bay, Mong Kok as running shoe brand eyes rapid growth of fitness, health market in Asia

Caroti was in Hong Kong to meet with Hoka’s partners in Asia and to open its FlyLab installation at K11 Musea on the Tsim Sha Tsui promenade, where shoppers can …

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Commercial property: Beijing retail rents jump by most since 2019 with premium office space remaining under pressure

by Anas Siddiqui
Commercial property: Beijing retail rents jump by most since 2019 with premium office space remaining under pressure

Beijing’s commercial real estate market recovered partially in the first quarter of 2024 and is gearing up for further stabilisation this year as a strong rebound in consumption and policy …

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Swire Properties to close The Opposite House in Beijing, group’s first hotel, as it eyes redevelopment to retail property

by Anas Siddiqui
Swire Properties to close The Opposite House in Beijing, group’s first hotel, as it eyes redevelopment to retail property

Swire Properties is shutting down the group’s first ever hotel, The Opposite House in Beijing, after 16 years to make way for an “innovative retail landmark”, according to a spokesman. …

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Hong Kong mall owner Wharf Reic looks to stimulate spending with promotions after posting flat profit

by Anas Siddiqui
Hong Kong mall owner Wharf Reic looks to stimulate spending with promotions after posting flat profit

Wharf Reic, the owner of Harbour City and Times Square malls, said it would undertake promotional activities to get residents and tourists to loosen their purse strings after recording a …

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China’s retail property markets to benefit from consumption recovery as Beijing tops fourth quarter performance

by Anas Siddiqui
China’s retail property markets to benefit from consumption recovery as Beijing tops fourth quarter performance

Retail property markets in China’s first-tier cities showed signs of improvement in the last quarter of 2023, and experts are projecting sustained momentum in 2024, underpinned by a gradual increase …

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Budget retailer Miniso eyes maximum impact from flagship brand store in Hong Kong after record results in 2023

by Anas Siddiqui
Budget retailer Miniso eyes maximum impact from flagship brand store in Hong Kong after record results in 2023

Chinese budget retailer Miniso Group, which listed in Hong Kong in July, is to open its biggest “brand representative store” in Tsim Sha Tsui in mid-January to gain more exposure …

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Link Reit committed to China as it dismisses rumours of asset sales with Guangzhou mall opening

by Anas Siddiqui
Link Reit committed to China as it dismisses rumours of asset sales with Guangzhou mall opening

Link Reit, Asia’s largest real estate investment trust, has opened a renovated shopping mall in Guangzhou, a clear indication of its focus on mainland China, with a top executive firmly …

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