Taubman Centers Archives - Inside Retail Asia
US retail property specialist Taubman Centers is to sell a 50 per cent stake in three Asian shopping centres.
Taubman Asia has announced the retail line-up for its CityOn.Zhengzhou mall, set to open on March 16.
A Taubman Asia and Shinsegae Group development, the Starfield Hanam shopping center has opened near Seoul.
Taubman Asia is launching a seven-level shopping centre in north-west China’s Xi’an city in a joint development with the Wangfujing Group.
Taubman Asia, a subsidiary of US mall operator Taubman Centers, is boosting its investment in the continent. The company has earmarked $600 million to develop new malls across Asia, of which 60 per cent will be in China, reports South China Morning Post. In collaboration with department store operator Wangfujing, it is to open shopping malls in Xian City and Zhengzhou City, with a combined investment of $230 million. The Xian and Zhengzhou malls will span 90,562 sqm and 93,747 sqm, resp…
Taubman Asia has broken ground on a new shopping centre in South Korea. Hanam Union Square will span 430,000 sqm and will be located in Hanam City, Gyeonggi Province. The mall is said to be among the largest malls in the country. With a gross leasable area of approximately 157,000 sqm, Hanam Union Square is a multi-level development with three levels for retail and basement, deck and rooftop parking. Shinsegae department store will be the anchor tenant. Taubman plans high-end flagship s…