Property News - Inside Retail Asia
Tata subsidiary sells two giant Indian malls
Two giant Indian malls, in Nagpur and Amritsar, have been snapped up by Virtuous Retail South Asia for US$100 million. The 1 million sqft Amritsar centre and 700,000 sqft Nagpur property were bought from Tata Realty and Infrastructure’s Trilium shopping mall portfolio, according to a report on Livemint. Virtuous, which is building a portfolio of Indian malls, is the retail development subsidiary of investment compan…
Dalian Wanda to open 17 malls this month
Chinese real estate developer Dalian Wanda Group will reportedly open 17 shopping centres this month.
Zhuhai retail and entertainment hub Novotown launched
Hong Kong’s Lai Sun Group has launched an integrated tourism and entertainment hub located in central Hengqin.
Lee Garden launches A Joyful Christmas at Lee Gardens
Lee Garden is launching its holiday campaign A Joyful Christmas at Lee Gardens featuring three Instagrammable spots, including six-metre tall golden-mirrored stage.
Festival Walk mall to remain closed for up to three months
Festival Walk mall in Hong Kong – seriously damaged during protest activities on November 13 – will remain closed for up to another three months.
Oriental Times Plaza in Anshan nearing completion
Anshan Tianxing Investment Development is preparing to open its Oriental Times Plaza in Anshan, a city in eastern China.
Singapore retail trust BHG buys Beijing mall
BHG Retail Real Estate is seeking to purchase has proposed to acquire 58,348sqm Beijing outlet mall Badaling Outlets for SGD455 million (US$333.3 million).
CPN and Mitsubishi Estate form JV to boost Central Village outlet mall
Central Village parent Central Pattana (CPN) has attracted foreign investment from Japanese real estate developer Mitsubishi Estate through its Singapore-based subsidiary.
Anchors revealed for giant Pavilion Bukit Jalil shopping centre in Kuala Lumpur
The retail planners of the giant Pavilion Bukit Jalil shopping centre under construction in suburban Kuala Lumpur have revealed the anchors for the project and confirmed that tenants have confirmed leases for more than half the retail space.
Louis Vuitton co creates Christmas decor at Sands Shoppes Macao
Sands Shoppes Macau has introduced exclusive Christmas festive decorations at the Shoppes at Four Seasons in collaboration with Louis Vuitton.
Sands Shoppes Macao honours its top retailers
Sands Shoppes Macao held its fifth Sands Retail Awards this week, at the Four Seasons Hotel.
Festival Walk remains closed for third week as protest damage repaired
Festival Walk shopping mall in Hong Kong’s Kowloon Tong remains closed as repairs continue following serious vandalism by protestors earlier this month.
