SINGAPORE-Fairmont Raffles Holdings becomes the latest chain to appoint sales agents. The plan is to embrace management.

BEIJING-McDonald's unveils its second major deal in China in the past month. The fast food chain is developing outlets with local developer Wanda Group.

BEIJING-McDonald's unveils its second major deal in China in the past month. The fast food chain is developing outlets with local developer Wanda Group.

BEIJING-China plans to clamp down on foreign investment in property in an attempt to cool an overheating market.

BEIJING-China plans to clamp down on foreign investment in property in an attempt to cool an overheating market.

VIENNA-Allianz Austria Group completes the largest portfolio sale in Austrian history with the disposal of 215,000 sm to a four-party consortium.

VIENNA-Allianz Austria Group completes the largest portfolio sale in Austrian history with the disposal of 215,000 sm to a four-party consortium.

BERLIN-Archstone-Smith is expanding into the German residential market with the acquisition of Deutsche WohnAnlage for euro 518 million ($649 million).