Property News - Inside Retail Asia
SM Prime Holdings has reported a 16 per cent rise in income in the first half of this year.
Retail landlord Vicinity Centres to establish new A$1 billion wholesale property fund.
Shopping centre operator Taubman Centres has reported positive financial results for the second quarter of this year.
Asia’s first Nickelodeon indoor theme park will be built at Mall of China in Chongqing.
The Orchard Road retail vacancy rate has dropped to 5.6 per cent in the second quarter.
Japan’s largest factory outlet operator Mitsui Fudosan, is considering opening a similar park in Thailand.
CapitaLand China is reporting solid gains from the reconstitution of its Mainland China retail portfolio.
Vingroup has opened its 55th shopping centre, The Vincom Center Landmark 81 mall, in Ho Chi Minh City’s Binh Thanh district.
Sunway Pyramid mall has installed Malaysia’s first sensory escalator deck.
Malaysian retail sales in the first quarter of this year rose by 2.6 per cent, a far lower rate than the 5.4 per cent expected.
Bangkok retail rents rose in prime downtown locations in the second quarter, yet there was a decline in midtown locations, despite retailers migrating there.