Taubman to Acquire 90% Interest in Chinese Retail Property Consultancy TCBL

Taubman Centers TCO and TCBL Consulting today announced a definitive agreement whereby Taubman Asia is acquiring a 90% controlling interest in TCBL, a leading Beijing-based retail real estate consultancy with more than 200 staff across seven offices in mainland China. The new company, Taubman TCBL, will combine the local insights and network of TCBL with the global industry expertise and reputation of Taubman Centers.