China driving spike in global shopping center development - Beyond Retail Industry

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China driving spike in global shopping center development

Emerging markets, particularly in Asia, have continued to dominate the shopping center development pipeline with over 39 million sq. m. under construction at the end of last year.

By James Martin on April 28, 2015 0 Comments

RREM (Retail Real Estate Market in Shanghai, powered by MAPIC) has selected for you Top 5 news on shopping malls in China. RREM is the first international forum for retail & real estate development in Greater China.

Giant IFS malls sprout in China

From
www.retailnews.asia
– Today, 2:30 PM

Listed Hong Kong property developer The Wharf Holdings has two IFS malls under construction in fast-growing Chinese cities. The new malls are all located in high profile commercial developments and/or linked to metro lines, ensuring high footfalls. Changsha IFS, located in Furong District’s Jiefang Rd, is best-placed to be “the new landmark of the core …

Global Shopping Centre Development

From
www.cbre.com
– Today, 2:21 PM

Global shopping centre development continues to grow, with exceptional levels of construction and new openings taking place.

Wanda to have 1,000 shopping malls by 2025

From
www.therakyatpost.com
– April 24, 2:22 PM

China’s Dalian Wanda Group said it aims to have 1,000 shopping malls open by 2025, a nine-fold jump from the end of last year, as the country’s largest commercial property developer bets on growth in consumer activity, especially in lower-tier cities.

Legoland Shanghai to anchor shopping mall

From
www.retailnews.asia
– Today, 2:23 PM

Merlin Entertainments will open its first Legoland in China at Parkside Plaza shopping centre in Shanghai. Plans and designs are already in place for the 3000 sqm attraction and construction of Legoland Shanghai will start soon, with its opening scheduled for 2016. Owned by UK-based Grosvenor Fund Management, Parkside Plaza is located on the Suzhou …

Asia Driving Spike in Global

Shopping Center Development

From
www.worldpropertyjournal.com
– April 27, 2:43 PM

Emerging markets, particularly in Asia, have continued to dominate the shopping center development pipeline with over 39 million sq. m. (419.8 million sq. ft.) under construction at the end of last year. China accounted for over 60 percent of the pipeline […], says CBRE’s report.

Check out the RREM website for more information.

Top photo via RetailNews.Asia

About Author

James Martin

As Head of Social Media for Reed MIDEM, James Martin oversees social strategy and deployment for MIPIM and MAPIC shows, as well as MIPTV/MIPCOM (TV industry) and Midem (music industry). He is based in Reed MIDEM's Paris office.

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