Mainlanders trade lap of luxury for mid-market malls | Asia Property

Subscription Enquiries
Editorial Enquiries

This will be the secondary navigation

Mainlanders trade lap of luxury for mid-market malls

Published on January 7th, 2014

Hong Kong’s luxury sector has lost its shine and rents have peaked. Reasonably priced malls, not eye- wateringly expensive street-level shops, are now the place to be for retailers and…

Not subscribed yet? Click here for full access.

Market Talk

Reforms intended to kick-start investment

“It is a year since  announced reforms intended to kick-start investment, including the lIberalisation of foreign investment in a range of sectors. We warned that the changes would be slow...

Diary

Sliding Rupee turns Farallon’s deals into a load of Indiabulls

Farallon Capital invested INR8.47bn ($127.8m) in seven Indiabulls ventures between 2006 and 2008 and the US investment manager recently sold the stakes to Indiabulls for INR11.72bn – making a profit of...

Market Talk

Government Measures Affect the Transaction Pipeline

“In AsIa we anticipate a reductIon in actIvIty In Hong Kong and SIngapore, as the latest government measures affect the transactIon pipelIne for the second half” Jeremy Helsby, chief executive...

News

Developers sell out in wave of China deals

Shanghai is focus for profit-taking as Sunpower, ARA Asset Management and Gaw all line up asset disposals  The China investment market is set for a raft of deals as developers...

News

Koreans team up for M&S purchase

Korean investors have bought retailer Marks & Spencer’s London HQ for £207m ($322m) from Irish investor D2 Private. The Korean consortium was advised by Gaw Capital Partners and included Hyndai...

News

Thailand’s Central Pattana ready to roll out ASEAN malls

Central Pattana is planning a THB12bn ( $372.9m) drive into shopping centre development in ASEAN countries. The Thai company’s first project will be the THB5.8bn CentralPlaza regional mall in Shah...

Research

Research - In Brief

• Asian real estate equities’ performance remained marginally positive in August, up 0.1%, according to the FTSE EPRA/NAREIT Developed Asia Index, compared with a 6.2% fall in North America and...

News

Institutions inject further $112m into M&G Asia fund

Investors have committed $112m to M&G’s Asia Property Fund since the start of the year, according to the fund’s manager. The core Asian fund manages $1.2bn of assets (as of...

Comment

It’s crunch time for China’s developers

Government moves to restrict non-bank organisations’ lending has led to a credit crunch for China’s developers. While the top players look strong enough to survive, smaller companies may fall victim...

Current Issue