Team from Japan s Waseda University Wins Inaugural Hines Competition for Asia Pacific Region uli.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from uli.org Daily Mail and Mail on Sunday newspapers.
When Team Omusubi took the stage at the 2023 ULI Asia Pacific Summit in Singapore, they were applauded not just for their winning entry in a prestigious urban development competition. The team of four students from Waseda University in Tokyo also had the unique honor of being the first-ever winners of the Asia Pacific ULI Hines Student Competition.
Chinese Shoppers, Stuck in China, Revive Local Malls Chinese Shoppers, Stuck in China, Revive Local Malls
With travel restrictions keeping people at home, many are spending at local shops with cash they might otherwise have dropped abroad
published : 27 May 2021 at 04:00
Don t tell Chinese consumers that the shopping mall is in decline.
While shoppers on the mainland like to browse for items online, during the pandemic many said they rediscovered the joy of making purchases at bricks-and-mortar stores after being cooped up at home for weeks.
China was also the only major economy to report economic growth in 2020 after limiting the spread of the coronavirus early on and allowing people to return to work by midyear. But travel restrictions kept most from going abroad meaning local shops saw cash that might otherwise have been spent on trips to Europe, Japan or the U.S.
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One Museum Place is Hines’ trophy tower in Shanghai
Hines is strengthening its regional investment team with the hiring of asset management veteran Ng Chiang Ling as chief investment officer for Asia, based in the US developer’s Singapore office.
Ng will work alongside Asia Pacific CEO Ray Lawler and Eurasia/India CEO Lee Timmins to further expand the firm’s reach across Asia Pacific, where Hines is looking to elevate its real estate footprint and investor outreach. Ng succeeds Timmins in the CIO role and reports to global chief investment officer David Steinbach.
“We are very excited to welcome Chiang Ling to Hines as our Asia CIO,” Steinbach said in a Tuesday release announcing the hire. “With her demonstrated expertise, we look forward to elevating our investment management platform and capitalising on the growing market opportunities in the Asia Pacific region as we strive to be the partner of choice globally.”