Property News - Inside Retail Asia

GIC in partnership to build India’s largest shopping mall

Singapore’s sovereign wealth fund GIC is partnering with Indian property developer DLF to construct India’s largest shopping mall.

Toppen Centre in Johor Bahru sets opening date

Toppen Centre in Johor Bahru – the giant shopping mall attached to the city’s Ikea store – will open in November.

Pacific Place mall closed during extradition bill protests

Retail stores in Hong Kong’s Pacific Place shopping mall remained closed for the second day this morning as protests against the extradition bill continued at Admiralty.

Parkson Holdings renews China store lease

Parkson Holdings’ Beijing operation Parkson Retail Development has extended a department store lease in the city until the end of 2021.

Singapore’s Funan mall sets opening date

Funan mall is set to open its doors on June 28 – ahead of schedule.

Thailand’s Siam Piwat scoops honours at the World Retail Congress

Thai retail developer Siam Piwat has scooped two retail industry awards at the World Retail Congress recently held in Amsterdam, The Netherlands.

Museum of Modern Art Hong Kong store planned

New York’s Museum of Modern Art will open a Design Store in Hong Kong.

Chengdu’s Atrium mall sold to Singaporean investor

Singaporean asset management firm ARA has entered into a joint venture to buy Atrium mall in Chinese provincial capital Chengdu.

Another Bangkok riverside mall is in planning

Another Bangkok riverside mall is in the early stages of planning after the Port Authority of Thailand said it will develop Klong Toey land it no longer needs.

Warburg Pincus JV commits US$400m to build Indian malls

Mumbai real estate firm Runwal has entered into a partnership with private equity business Warburg Pincus to build a US$1 billion Indian malls platform.

Funan Mall unveils Tree of Life with retail display pods

Singapore’s new Funan Mall features a six-story structure to showcase brands, and an indoor cycling path.

SM Prime profit rises 16 per cent in first quarter

Philippine property giant SM Prime Holdings says its net income in the first quarter increased 16 per cent based on higher rental income and residential sales.

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