Property News - Inside Retail Asia
Blackstone takes half share in three Asian Taubman Centers
US retail property specialist Taubman Centers is to sell a 50 per cent stake in three Asian shopping centres.
The Shoppes at Marina Bay Sands sets new revenue record
Revenue for The Shoppes at Marina Bay Sands set a new record last year as the centre achieved an occupancy rate of 95.4 per cent.
CapitaLand Retail China income up after tenant reshuffles
CapitaLand Retail China boosted its distributable income by 9.4 per cent last year.
Competition bruises CapitaLand Malaysia Klang Valley malls
Stronger performances from Gurney Plaza and East Coast Mall have compensated for a lower contribution from CapitaLand Malaysia Mall Trust’s Klang Valley shopping malls.
Hong Kong retail rents tipped to turn
Hong Kong retail rents are tipped for a modest rise of up to 5 per cent this year according to a research report from real estate advisor Savills.
Theatre X development unveiled for Huaihai Road, Shanghai
Chinese mall operator Bailian is merging two disused department stores on Shanghai’s Huaihai Road in partnership with urban renewal firm URF to create Theatre X.
SM Prime to open four new malls this year
SM Prime says it will open four new malls in Philippine provinces this year.
Hong Kong high-street retail rents ease
Hong Kong high-street retail rents dropped slightly in the final quarter of last year.
Design Orchard mall to open this month
Design Orchard mall is set to open on January 25 hosting 61 homegrown labels.
Storefront Asia expands into South Korea
Pop-up leasing specialist Storefront Asia has opened an office in Seoul.
Malaysian mall introduces metal straws for shoppers
Malaysia’s Sunway Malls is introducing metal straws in a move to help eliminate single-use plastic straws from its property.
