Property News - Inside Retail Asia

British Embassy

Central pays record price for British Embassy Bangkok site

Central Group has paid a record rate to acquire the British Embassy Bangkok site.

Europark Dalian

First phase of Europark Dalian complete

Laguarda.Low Architects has completed the first phase of Europark Dalian, a 278,709 sqm mixed-use complex.

Ginza Six mall

Ginza Six mall on track for April launch

Tokyo’s Ginza Six, the district’s largest mall, is on track to open in April.

SM Mega mall PH

SM Prime Holdings’ net profit rises 14 per cent

Continuing mall expansion helped drive a 14 per cent rise in SM Prime Holdings’ net profit last year.

CITS Sanya Eyot, Hainan (1) LR

Benoy updates Sanya Eyot project designs

Designs for the CITS Sanya Eyot scheme on Hainan Island have been updated by Benoy.

Hard Rock Hotel

Hard Rock Hotel tuning up for China

Mainland China’s first Hard Rock Hotel opens in Shenzhen this year.

Uniqlo

JV offsets Wing Tai Holdings plunge

A 55 per cent revenue drop for Wing Tai Holdings has been offset by gains from its Uniqlo JV in Malaysia and Singapore.

The Shoppes at Marina Bay sands SG

Shoppes at MBS share set at $4.9b

A 49 per cent stake in Shoppes at Marina Bay Sands (MBS) may cost up to S$4.9 billion.

Singapore Landmark: Orchard Road

Singapore retail rents set to stabilise in 2017

Positive fourth-quarter data points to Singapore retail rent resilience in 2017 according to Edmund Tie & Company research.

Hong-Kong-shopping-mall

Hong Kong high street retail rents decline should ease

The pace of decline in Hong Kong high street retail rents should ease in 2017, projects CBRE.

coach

Coach Malaysia goes big in KL mall

Coach Malaysia has opened its largest store for Southeast Asia, in Kuala Lumpur’s Pavilion Elite.

cinema

CT Corp moving to open cinemas

Indonesia’s CT Corp is partnering with cinema companies to open movie theatres in its retail complexes.

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