DDR Eyes China
Dec 1, 2005, David Koch
The untapped East has one more shopping center REIT under its spell. Developers Diversified Realty is exploring opportunities in China, where Simon Property...
Passage to India
Dec 1, 2005, By Anne Field
So near and yet so far. That could be the cry of retailers and shopping mall developers eyeing the potentially vast market in India. On the one hand,...
Simon Says China's Next
Aug 1, 2005, David Bodamer
In an escalation of its international growth, Simon Property Group Inc. became the first U.S. retail developer to commit to the fastest-growing economy...
Simon Expands Asian Presence
Jun 2, 2005
Simon Property Group Inc. will open a regional office next month in Hong Kong from which it will run a newly formed subsidiary operating as Simon/Chelsea International Ltd. Simon gained entry into the Asian market last year through its acquisition of Chelsea Property Group, which operates a number of centers in Japan. It also has plans to develop centers in Korea. ...
Taubman in Asia
May 1, 2005, David Bodamer
Taubman Centers is teaming up with Morgan Stanley and hiring one of the financial services firm's top executives to greatly expand its development role...
Taubman Teams with Morgan Stanley to Conquer Asia
Apr 14, 2005
Taubman Centers is teaming up with Morgan Stanley--and hiring a top Morgan Stanley executive--to greatly expand its development role in Asia. The regional mall REIT announced yesterday that it is hiring Morgan Parker, a Morgan Stanley vice president based in Tokyo who oversaw Morgan Stanley Real Estate Funds' retail investment and management business in Asia. Parker will run the newly-formed Taubman Asia subsidiary, which will be headquartered in Hong Kong. ...
Wal-Mart Bulks Up China Expansion Strategy
Jan 20, 2005
Wal-Mart Stores Inc. has teamed with CITIC Pacific Co. Ltd to ramp up its expansion plans in China. Wal-Mart will open hundreds of stores there in the next five years with backing from its Hong Kong-based partner. ...
Bazaar Facts
Jan 1, 2005
eBay Inc.'s third-quarter profit skyrocketed 76 percent to $182.35 million, exceeding Wall Street expectations. eBay third-quarter revenue climbed 52...
A BIT OF SCOTCH
Jan 1, 2005
The Mills Corp. continued its aggressive international push through the joint venture acquisition of the 715,000-square-foot Enoch Centre (pictured right)...
TORONTO BECKONS
Jan 1, 2005, By David Koch
With retail overload in the domestic market and fierce competition for high quality sites, U.S. retailers and developers increasingly are looking international...
AH, ROMA:
Dec 1, 2004
The Mills Corp. will lead development of an 830,000-square-foot retail and entertainment center at the historic Mercati Generali, former site of the food...
Taubman Is Latest REIT To Look Offshore for Growth
Nov 10, 2004
Taubman Centers has set its eyes on South Korea. The developer has signed a letter of interest with New Songdo City master managing partner for the exclusive rights to invest in, develop and be the managing general partner for a retail joint venture expected to be formed next year. ...
NOW BOARDING
May 1, 2004, By Curt Hazlett
Ed Vinson certainly doesn't need any more frequent flyer miles. The Mills Corp. executive vice president got more than he could use during construction of the company's glitzy new Madrid Xanadu in Spain, sometimes crossing the Atlantic a couple of times a month to meet with the firm's partner and check on the mall's progress. The upgrades to first class will come in handy, too, as Vinson helps Mills move ahead with projects in Italy and maybe elsewhere.
Mills is in the first wave of a trend that's likely to reshape U.S. mall REITs in the next few years...
THE NEW STARS OF INDIA
Apr 1, 2004, Steve Bergsman
Forty years after the United States began its infatuation with indoor shopping malls, India, with a population of more than 1 billion, is going through...
Two Ways To Take Europe
Dec 1, 2003, Brannon Boswell
European retail development, once prohibitively expensive for U.S. real estate companies, now looks promising. Simon, for one, is upping its ante with...
Simon Says: Ciao Italia!
Nov 19, 2003
Simon Property Group is saying "Ciao!" to Italy. The United States' largest mall owner announced plans Monday to joint venture with Italian hypermarket...
Working on Top of the Store
May 1, 2003, By Albert Warson
When Surrey Place Shopping Centre in Surrey, B.C., started losing business to strong regional malls, developer ICBC Properties Ltd. hit on a plan to bring...
INTERNATIONAL FINANCE: A bridge of understanding
Nov 1, 2001, Steve Lewis
Given the events of Sept. 11 and the ensuing U.S.-sponsored war on global terrorism, the world's attention is now focused on the threat posed by violent, radical Islamists. Most Muslims, of course, roundly condemn terrorism and have been deeply saddened by the attacks and their aftermath. In this time of increased tension, then, the importance of moving be...
Gateway exiting Asian markets
Sep 24, 2001, Misty Reagin
San Diego – Locally based Gateway Inc. says it is closing down its operations in Japan, Malaysia, Australia, New Zealand and Singapore. The news comes...
INTERNATIONAL NEWS
Sep 1, 2001
Technology Beijing Sino-Con, a Chinese software development firm, recently signed an agreement with Arlington, Va.-based The Construction Specifications...
INTERNATIONAL NEWS
Aug 1, 2001
Design Vienna, Austria Putzi Beteiligungs und Handelsgesellschaft mbH, a locally based holding operations conglomerate, signed a licensing agreement with...
INTERNATIONAL NEWS
Jul 1, 2001
Design Manchester, England Designed by the London office of RTKL for Birmingham, U.K.-based Richardson Developments, The Printworks was created to be...
