Inside Retail Asia breaking property and Real Estate news within the retail industry.
Property News - Inside Retail Asia
Singapore property developer CapitaLand is set to refurbish the Bugis Village and Bugis Street retail spaces after winning a joint tender to manage both from the Singapore Land Authority.
Thai developer Thaniya Group plans to invest more than US$33 million on renovating Thaniya Plaza, its first major makeover project in 30 years.
Chow Tai Fook Jewellery Group has revealed plans to shut about one in five of its Hong Kong stores, the majority of them in prime tourist areas.
Singaporean tech market Sim Lim Square has failed at its second en bloc tender attempt, prompting 11 of its stores to be put up for sale.
Indian retail leasing activity in major cities slumped 35 per cent last year as the country’s economy continued on a sluggish course.
Building brand authenticity and social currency through design is a defining movement for retail property owners.
Thailand’s Central Group has launched a new shopping mall, Porto de Phuket, in Phuket’s Thalang District.
Indonesian retail shopping mall platform NWP Retail is set to acquire five shopping malls, two owned by local subsidiaries of Singapore-listed Lippo Malls Indonesia Retail Trust.
Malaysian department store chain Parkson will close its outlet in MyTown Shopping Centre, Cheras next month.
ARA Asset Management has acquired a Shanghai mall for US$345.2 million in partnership with Singapore-based Straits Trading and China’s ICBC International.
The Thai retail industry is facing a period of low consumer confidence, according to a CBRE research report, resulting in little sales growth.
Singapore’s Sim Lim Square mall has been put up for sale under a second tender following the discovery that it is actually 27 per cent larger than previously understood.