Business Services Industry
Simon Group in China deal
Arkansas Business, August 1, 2005
Simon Property Group of Indianapolis last week announced a deal with Morgan Stanley Real Estate Funds and SZITIC Commercial Property Co. Ltd., the property subsidiary of Chinese state-owned trust and investment firm Shenzhen International Trust & Investment Co. Ltd., to develop six or seven shopping centers in China.
Simon owns University Mall in Little Rock and McCain Mall in North Little Rock.
The first project will be a 500,000-SF mall in Hangzhou, a city of 6 million outside of Shanghai, one of the richest regions of the country. Its projected cost is between $65 million and $70 million.
Each of Simon Property's shopping centers will be anchored by Wal-Mart. Other shopping centers it develops in China will run 430,000 SF to 750,000 SE
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
Most Popular Business Publications
Content provided in partnership with
