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Savills recently published its latest edition of the China 20 retail cities report in which it found that Shanghai and Beijing remained head and shoulders ahead of other cities in terms of retailer penetration, though their economic lead has narrowed somewhat. The China 20 retail cities study, which began in 2014, compiles 16 key economic, …
Continue reading “Shanghai tops Savills China 20 retail cities for another year”
CapitaLand Retail China Trust Management Limited, the manager of CapitaLand Retail China Trust (CRCT), announced that HSBC Institutional Trust Services (Singapore) Limited, the trustee of CRCT, has entered into a sale and purchase agreement to acquire a shopping mall, currently known as Galleria, Chengdu. The mall is strategically located in the Xinnan Tiandi retail precinct …
Continue reading “CapitaLand REIT acquires China shopping mall in Chengdu for US$226 million”
