Cosco Archives - Inside Retail Asia

Philippine malls ‘still landlord’s market’

Philippine mall rents are stable and it is still a landlord’s market, says a report by Pinnacle Real Estate Consulting Services.

Corporate retailer to build mall network

Filipino corporate retailer Cosco plans a network of six to eight community shopping malls within three years Cosco is best known as parent of the Puregold supermarket chain but it recently acquired Office Warehouse and owns a liquor distribution business as well. President Leonardo Dayao said in an interview the network would be built by acquisition and organic expansion. The malls will be branded Cosco and all will be anchored by a Puregold supermarket. “We will be disclosing the…