Starfield Hanam

Taubman Asia and Shinsegae Group Celebrate the Opening of Starfield Anseong in South Korea Today

Retrieved on: 
Wednesday, October 7, 2020
Commercial Building & Real Estate, Construction & Property, REIT, Shinsegae Group, Starfield, Shinsegae, Anseong, Gyeonggi Province, Retailing, Country subdivisions, Geography of Korea, Starfield Hanam, Starfield Anseong, Shinsegae Property, Taubman

The new Starfield Anseong, the second joint venture between Taubman Asia and Shinsegae Property, opened today in Anseong, Gyeonggi Province, South Korea.

Key Points: 
  • The new Starfield Anseong, the second joint venture between Taubman Asia and Shinsegae Property, opened today in Anseong, Gyeonggi Province, South Korea.
  • It will serve as the primary mall for Anseong, one of the fastest-growing areas of South Korea.
  • Starfield Anseong represents the best of the collective expertise of Shinsegae Property and Taubman Asia, said Paul Wright, president, Taubman Asia.
  • Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.

Taubman Centers, Inc. to Temporarily Close Shopping Centers in Response to COVID-19

Retrieved on: 
Thursday, March 19, 2020
REIT, Retail, Department Stores, Commercial Building & Real Estate, Construction & Property, Taubman Centers, Shinsegae Group, Shopping malls, Retailing, Real estate, Bloomfield Hills, Michigan, Starfield Hanam, Taubman, Starfield

In Asia, the company operates three shopping centers - CityOn.Xian (Xian, China) and CityOn.Zhengzhou (Zhengzhou, Henan, China) in China and Starfield Hanam (Hanam, South Korea).

Key Points: 
  • In Asia, the company operates three shopping centers - CityOn.Xian (Xian, China) and CityOn.Zhengzhou (Zhengzhou, Henan, China) in China and Starfield Hanam (Hanam, South Korea).
  • Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet shopping centers in the U.S. and Asia.
  • Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.
  • For ease of use, references in this press release to Taubman Centers,, we, us, our, company, Taubman or an operating platform mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities.

Taubman Completes Sale of Interest in Starfield Hanam to Blackstone

Retrieved on: 
Thursday, September 19, 2019
Professional services, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Finance, Shinsegae Group, Starfield Hanam, Retailing, Real estate, The Blackstone Group, Taubman Centers, Starfield, Taubman, Shopping mall, Companies

Taubman Centers, Inc. (NYSE: TCO) today announced the completion of the sale of 50 percent of Taubman Asias interest in Starfield Hanam (Hanam, South Korea) to real estate funds managed by The Blackstone Group Inc. (Blackstone) for $300 million.

Key Points: 
  • Taubman Centers, Inc. (NYSE: TCO) today announced the completion of the sale of 50 percent of Taubman Asias interest in Starfield Hanam (Hanam, South Korea) to real estate funds managed by The Blackstone Group Inc. (Blackstone) for $300 million.
  • Following the sale, Taubman will own a 17.15 percent beneficial interest in the shopping center.
  • This sale is consistent with Taubmans announcement to sell 50 percent of its three Asia-based shopping centers to Blackstone, with closings expected throughout 2019.
  • See Taubman to Sell 50 Percent of its Interests in its Three Asia Shopping Centers to Blackstone February 14, 2019.