Real Estate

Don't Miss:

26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia01/04/2016

Kuala Lumpur MRT retail spaces – 41 spots at 21 stations – have been put to tender. The Mass Rapid Transit Corp (MRT Corp) says proposals and bids for the spaces, on the upcoming MRT Sungai Buloh-Kajang line, must be submitted by April 18. Commercial land management director Datuk Haris Fadzilah Hassan says the company […]

CONTINUE READING

Retail Asia01/04/2016

Lotte Duty Free anticipates that sales at its spectacular new downtown duty free shop in Tokyo’s Ginza shopping district will reach KRW150bn/$129m in its first year. At the opening today, the retailer also announced plans to open four to five stores in other regions in Japan and expects total sales from its stores in the […]

CONTINUE READING

Retail Asia31/03/2016

Iconsiam Co has increased its investment by another 4 billion baht for more retail space in response to the long waiting list of foreign investors wanting to expand their businesses at its shopping project. Director Chadatip Chutrakul said the company recently secured a 30-year lease for an additional five-rai plot on Charoen Nakhon Road, opposite […]

CONTINUE READING

Retail Asia31/03/2016

Mitsui Fudosan will develop a nine-story, 45 billion yen ($397 million) mall in Malaysia with local partners as part of an effort to solidify its overseas earnings base for the future. Costlier than the company’s outlet malls in Taiwan and the Chinese city of Ningbo, this will likely mark the biggest project for a commercial […]

CONTINUE READING

Retail Asia30/03/2016

Philippines-SM-celebrates-30th-anniversary-of-SM-City-North-EDSA-mall-1024x682.jpg

Philippine property giants are entering record capital expenditure programs in 2016, on the back of strong economy, according to the global property advisor Savills. Three of the eight biggest property developers – Ayala Land, SM Prime Holdings and Robinsons Land – are also the biggest mall developers in the country. “When the real estate boom […]

CONTINUE READING

Retail Asia30/03/2016

Thailand-Property-Awards-2016-official-press-launch-on-29-March-at-Renaissance-Bangkok-Ratchaphrasong-Hotel.jpg

The Thailand Property Awards presented by Hansgrohe returns for a successful 11th edition to reward the finest developers and current developments in the country’s resilient real estate sector. The annual event, which is attended by some 600 C-level executives, industry leaders and innovators annually, was officially launched to the media on 29 March 2016 at the […]

CONTINUE READING

Retail Asia28/03/2016

Thailand’s Robinson Department Store aims to invest about 16.8 billion baht (US$479 million) on opening stores over the next five years with the aim of boosting average sales growth by 5 to 7 per cent a year. Majority-owned by Central Group, Thailand’s largest retail conglomerate, Robinson plans to boost store numbers to 56 by 2020 […]

CONTINUE READING

Retail Asia28/03/2016

The SM Mall of Asia and Museo del Galeon are set to launch the Manila-Acapulco Galleon Museum in Pasay City in the third quarter of 2016. The dome-shaped museum will feature the history of the 250-year old global trade route where the Philippines and Mexico played major roles. Its main feature is a replica of […]

CONTINUE READING

Retail Asia26/03/2016

A building in Mt Eden’s Dominion Rd, now leased to a karaoke and hospitality business, reflects the changing face of the area. The 500sq m premises comprising two inter-connected buildings, on 539sq m of land at 654-656 Dominion Rd, is being offered for sale with a new four-year lease to Base KTV Entertainment Ltd. […]

CONTINUE READING

Retail Asia23/03/2016

Thailand’s Charoen Pokphand Group (CP) and two property firms have raised their investment in Bangkok’s Icon Siam development to 54 billion baht ($1.6 billion) to expand its shopping malls, an executive said on last Tuesday during an official press. Despite Thailand’s slowing economy and weak consumption, there had been strong demand for luxury condominiums and retail shops, Chadatip Chutrakul, the […]

CONTINUE READING

Retail Asia23/03/2016

NPLs in the property sector are expected to surge by 22 basis points to 4 per cent, while loan demand from this sector is expected to grow by only 3.8 per cent, down by 5.2 percentage points year on year because the property supply is becoming mature. However, the highest NPLs still be seen in […]

CONTINUE READING

Retail Asia22/03/2016

Mrs. Chadatip Chutrakul, a director of ICONSIAM, the owner of ICONSIAM – the iconic landmark of Thailand’s prosperity by the Chao Phraya River, today, held an event to present a detailed look at a city of the future and unveiled the era’s most glamorous retail and entertainment mega-complexes covering 525,000 square metres, and which is […]

CONTINUE READING

Retail Asia22/03/2016

Vietnamese developer Hoang Anh Gia Lai has started building the second phase of its landmark Myanmar Centre, which will include two office towers and five residential towers including serviced apartments and units for sale. The first phase of the US$440 million project included a shopping centre called Myanmar Plaza, which opened at the end of […]

CONTINUE READING

Retail Asia20/03/2016

There have been several vast changes in the housing market today that is influencing the types of residences being built. Market trends show that traditional housing units are no longer the most attractive options for potential buyers. This is due to a variety of reasons and our progression as a society. Today, a new launch […]

CONTINUE READING

Retail Asia19/03/2016

CapitaLand Mall Trust (CMT) is poised to dominate the retail REIT scene in 2016, with positive rental reversions and increased tourist arrivals playing to its favour. According to a report by RHB, CMT is likely to enjoy mid single-digit (about 5%) positive rental reversion in 2016 as encouraging trends are expected in CMT’s tenant sales […]

CONTINUE READING

Retail Asia18/03/2016

Philippine property developer Megaworld Corp and its subsidiaries have earmarked P55 billion (US$1.172 billion) for capital spending in 2016 to boost commercial assets. Real estate tycoon Andrew Tan’s flagship property arm and subsidiaries Global-Estate Resorts (GERI), Empire East Holdings and Suntrust Properties have announced plans to aggressively expand a group-wide rental portfolio. The company said […]

CONTINUE READING

Retail Asia17/03/2016

Shares of Chinese Estates dropped as much as 11 per cent on Tuesday despite its core profit jumping 3.4 times last year to HK$16.78 billion, mainly driven by asset disposals. The company’s shares end the day 8.65 per cent or HK$1.80 lower at HK$19 after hitting an intraday low of HK$18.50. The hefty increase in […]

CONTINUE READING

Retail Asia17/03/2016

Thailand’s Robinson Department Store PCL said on Tuesday it aimed to invest about 16.8 billion baht ($479 million) over the next five years on opening new stores in a move to boost average sales growth by 5-7 percent a year. Speaking at a news conference, President Alan Thomson said Robinson, majority-owned by Thailand’s largest retail conglomerate Central Group, planned to boost […]

CONTINUE READING

Retail Asia16/03/2016

Few villagers living near a half-built golf course in Indonesia’s West Java province know the name Donald Trump, and fewer still are aware that one of his firms will be managing a six-star hotel and luxury resort in their backyard. But in the capital, Jakarta, a growing number of Indonesians want the U.S. presidential candidate […]

CONTINUE READING

Retail Asia15/03/2016

Hong Kong, March 10, 2016 — Moody’s Investors Service says Hongkong Land Holdings Limited’s (HKLH) results in 2015 reflected lower underlying profit but were in line with expectations and continue to support its A3 issuer rating. The results also support the A2 issuer rating of Hongkong Land Company Limited, a wholly-owned subsidiary of HKLH. The […]

CONTINUE READING

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CALL US ANYTIME

Most read

Retail updates

Stay up to date of the lates updates and retail news from Asia.

X