Inside Retail Asia breaking property and Real Estate news within the retail industry.
Property News - Inside Retail Asia
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.
The first Sihanoukville mall, the 6000sqm Furi Times Square opened on Monday, a project backed by local Furi corporation and investment from Macau and Hong Kong.
Two giant Indian malls, in Nagpur and Amritsar, have been snapped up by Virtuous Retail South Asia for US$100 million. The 1 million sqft Amritsar centre and 700,000 sqft Nagpur property were bought from Tata Realty and Infrastructure’s Trilium shopping mall portfolio, according to a report on Livemint. Virtuous, which is building a portfolio of Indian malls, is the retail development subsidiary of investment compan…
Chinese real estate developer Dalian Wanda Group will reportedly open 17 shopping centres this month.