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The new Starfield Anseong, the second joint venture between Taubman Asia and Shinsegae Property, opened today in Anseong, Gyeonggi Province, South Korea. The one million square foot, modern shopping, entertainment, and dining destination is Taubman Asia’s…
US mall operators Simon Property Group and Taubman Centers have called off their planned merger, citing the impact of Covid-19 on the retail industry. Simon was to buy an 80-per-cent interest in Taubman, with the Taubman family retaining a 20 percent stake in…
Taubman Asia president Peter Sharp has resigned after almost three years in the role. Parent Taubman Centers has announced Sharp’s replacement will be Paul Wright, executive VP and global head of leasing, who will relocate to Hong Kong and take up the new…
US retail property specialist Taubman Centers is to sell a 50 per cent stake in three of its shopping centres in China and Korea to funds managed by private equity company Blackstone Group. The deal, worth US$480-million, is expected to be settled later this…
Starfield, a shopping and theme park franchise operated by South Korean retail giant Shinsegae Group, has opened the country’s first ‘dog lounges’ for customers and their pets. The dog lounges offer specially designed sofas for pets as well as their owners,…
Shinsegae’s discount chain E-mart plans to enter the US by opening its premium food outlet PK Market. While mostly high-end products will be sold at the South Korean group’s outlet, some of its low-tier private brands such as No Brand and Peacock will also be…
Tesla has completed the installation of three Destination Chargers at Shinsegae department store in the Gangnam, Seoul. The move follows the opening of two showrooms in the city last month as the brand picks up momentum with its South Korean operations. It…
China retail is “rife with opportunity” for retail and property investment according to a new report released at China Mall 2020. Taubman Asia, a subsidiary of US mall REIT Taubman Centers, and Mingtiandi, China’s leading source of retail intelligence,…
Melco Crown Entertainment and Taubman Asia, the Asian arm of the US Mall operator Taubman Centres, on Thursday unveiled plans to develop the Boulevard project at Macau’s entertainment, retail and gaming resort, Studio City. Studio City is a new…
Taubman Asia and Melco Crown entertainment have revealed details of the new shopping centre planned to open in Studio City, Macau in the third quarter of this year. Taubman Asia will tenant and manage the 70-store single story shopping complex on Melco’s…
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