Property News - Inside Retail Asia
CapitaLand Mall Trust selling Sembawang centre
CapitaLand Mall Trust has agreed to sell its Sembawang Shopping Centre for S$248 million.
Florentia Village to build seventh China site
Florentia Village is to invest RMB1 billion (US$159 million) in an outlet in Chongqing, its seventh China location.
SookSiam centrepiece for IconSiam
SookSiam will take up 15,000sqm of the ground floor of the massive IconSiam being built on the banks of the Chao Phraya River.
Ikea Southeast Asia’s Toppen mall to be ‘heart and hub’ of JB
Ikea Southeast Asia’s new Toppen Shopping Centre in Tebrau, Johor Bahru, is already more than 60 per cent tenanted.
Fullshare circling House of Fraser
Fullshare, with an eye on taking over House of Fraser, has lined up a £1.1 billion (US$1.5 billion) lending agreement.
‘Pink Love’ drives Shanghai K11 Art Mall sales
‘Pink Love’ – a promotion launched by Shanghai K11 Art Mall – drove a 33 per cent increase in sales earlier this year.
Hanoi retail development spreading beyond CBD, says CBRE
Hanoi retail supply is growing outside the CBD area.
Historic challenge for Benoy China
An historic ice-storage warehouse in Nanjing will be transformed into a commercial destination by Benoy China and MCC Real Estate Group.
RSun Plaza gains second lease of life
RSun Business Group, a subsidiary of Hongyang Group, is to relaunch its integrated mall RSun Plaza in Nanjing.
Dairy Farm selling Rustan’s to Robinsons Retail
Robinsons Retail Holdings is spending PHP18 billion (US$343 million) to acquire Dairy Farm’s Rustans Supercenters.
Hong Kong retail rents set for ‘early upswing’
Hong Kong retail rents are expected to move into an “early upswing cycle” this year according to a regional real estate market briefing prepared by Savills.
CapitaLand Retail signs to manage Cambodian mall
Through its wholly owned shopping-mall business CapitaLand Retail, CapitaLand has signed to manage a Cambodian mall.
