Property News - Inside Retail Asia
CapitaLand still eyeing mall opportunities in Mainland China
China’s nationwide lockdown to combat Covid-19 and provisions for tenant relief saw CapitaLand Retail China Trust’s net property income slip in the June half year.
Giant Phoenix Palassio mall opens in India
Indian developer Phoenix Mills has launched a grand 1 million sqft mall in Lucknow.
Lazada helps Asia’s malls go online after virus upends retail
Clobbered by the crushing effects of the coronavirus pandemic, thousands of retailers from Bangkok to Singapore have rushed to set up online shops on big e-commerce platforms to stay afloat this year.
Lush calls out Hong Kong landlords after flagship shuttered
Lush has taken a positive approach to its future in Hong Kong following the closure of its Central flagship store at the end of last month.
Topshop quits Hong Kong
British fashion label Topshop will close its 14,000sqft flagship in Hong Kong when the lease comes up for renewal in October.
Lush Hong Kong flagship shut as tourist spend dries up
Beauty products retailer Lush has closed its five-story Hong Kong flagship store several months before its lease was due for renewal.
Little respite likely as Hong Kong retail rents slump to 2003 levels
As Hong Kong retail rents slump to levels not seen since 2003, retailers who appeal to domestic shoppers are beginning to have a stronger presence in the market.
The maturing mall mix: Pavilion Kuala Lumpur chief talks the future of malls
In the third quarter of next year, Kuala Lumpur’s next supermall will open in the suburb best known for hosting the 1998 Commonwealth Games.
Malaysian mall launches domestic tourism promotion to lure shoppers
Malaysian mall operator Sunway is launching a campaign to boost domestic tourism and retail spending.
Hongkong Land unveils premium food hall concept BaseHall in Central
Property company Hongkong Land has unveiled a new premium food hall concept BaseHall at Jardine House, in Hong Kong’s Central district.
Suntec City to host Singapore’s first-ever mall live-streaming shopping festival
Suntec City will host Suntec Shopfest next week, a first-of-its-kind, live-streaming shopping festival in Singapore.
Link secures sustainability-linked loan from Hong Kong bank
Link Asset Management has secured a five-year sustainability-linked loan of HKD$1 billion from Hong Kong’s OCBC Bank, its first such loan in HKD.