Property News - Inside Retail Asia
Setia City phase 2 expansion already 70-per-cent leased
Setia City Mall’s phase 2 expansion will make it the largest mall in Shah Alam upon completion by the second half of next year.
Singapore retail rents will remain subdued, says Edmund Tie research
With growing economic headwinds and weak retail sales, islandwide Singapore retail-rental rates are projected to remain subdued, according to real estate company Edmund Tie.
Hong Kong street-front rents are down more than 50 per cent from their peak
Hong Kong street-front rents have plunged by 54 per cent from their peak in the first quarter of 2013, according to data from real-estate advisor Savills.
Taubman Asia names new president
Taubman Asia president Peter Sharp has resigned after almost three years in the role.
Frasers Property announces leadership changes for Singapore
Frasers Property Singapore CEO Christopher Tang will retire as CEO at the end of the year.
Kuala Lumpur mall Starhill to be revamped
Kuala Lumpur mall Starhill Gallery is undergoing a transformation and will be fully revealed as The Starhill come 2021.
New Malaysian mall extension Jumpa @ Sungei Wang opens
Kuala Lumpur’s new retail destination Jumpa @ Sungei Wang has opened.
Vietnam’s Vincom Retail unveils three shopping centre plans
Vietnam’s Vincom Retail has announced three new Vincom Mega Mall shopping centres.
SM Prime to open lifestyle mall in Zambales
SM Prime Holdings is launching a new lifestyle mall in Zambales, the Philippines.
CapitaLand opens Raffles City mall in Chongqing
Capitaland has opened a 235,000sqm Raffles City mall in Chongqing – the first stage of a 1.12 million sqm megastructure in the Chinese city.
Giant aquarium opens at Central Phuket shopping centre
Thailand’s largest aquarium and the world’s largest underwater restaurant have opened at the Central Phuket shopping centre.
South Korean retailers are fighting the e-commerce onslaught with ‘malling’ strategy
Cornered by a low-price offensive from online sellers, South Korean retailers are striking back with a so-called ‘malling’ strategy.
