In its first three days, Nanchang Capital Outlets generated sales of more than RMB21.8 million (US$3.2 million) with customer traffic exceeding 1.8 million. It is the second outlet project this year for Beijing Capital Grand, the commercial property arm of…
New York-based architecture and urban planning firm Laguarda.Low Architects has completed the first phase of Europark, a 3 million sqft (280,000 sqm) mixed-use complex in Dalian. Set on a landscaped park in the heart of Donggang’s CBD, Europark Dalian…
Sunway Velocity Mall has opened in Cheras, with a catchment of 1.72 million residents including the nearby areas of Ampang and Kuala Lumpur. With a neo-futuristic appearance, the sphere-shaped shopping centre, known as the “KL Orb”, is set to be a landmark on…
Japan’s Aeon Mall plans more shopping centres in Indonesia and Vietnam, and is also looking at possibilities in Laos, Myanmar and Thailand. Under its 2020 strategy, it is planning five more outlets for Jakarta, after entering the 250-million-strong market…
In an earnings report on Thursday, the company’s China subsidiary reported that adjusted profit surged 66.9 percent in 2015. Imax China, the Hong Kong Stock Exchange-listed subsidiary of the Canadian giant-screen exhibitor, reported a robust year of growth in…
The demand for IMAX China shares has not met expectations, according to a filing on Wednesday. The $248-million initial public offering (IPO) of IMAX China Holding Inc. in Hong Kong saw a relatively weak demand from retail investors, according to a filing on…