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 Asia22/01/2016

Despite its orphan status on the asset register of Malaysian energy company Bina Puri, the Main Place mall in Selangor will not be sold any time soon. The Subang Jaya shopping centre has renowned retailers including Uniqlo, Cotton On, Brand Outlet, Starbucks, McDonald’s and Toys R Us on its tenant list, which has a heavy […]

CONTINUE READING

Retail Asia21/01/2016

It’s a record that has held for more than 20 years but by the middle of the year, Tanjong Pagar Centre will claim the title of the tallest building in Singapore – even if it is by just 10m. At 290m, Tanjong Pagar Centre will tower over the central business district, displacing UOB Plaza One, […]

CONTINUE READING

Retail Asia20/01/2016

Panelists-of-the-Myanmar-Property-Awards-2016-official-press-launch-in-at-the-Sule-Shangri-La-Yangon.jpeg

Awards gala in Yangon will be preceded by the high-level forum Property Report Congress Richard Emerson of Savills Myanmar, chairman of the judging panel; Terry Blackburn, founder of Asia Property Awards and publisher of Property Report; Aung Kuaw Thu, project manager of gold sponsor Rinnai; Htun Naing, general manager of Empire Holding Co Ltd, authorised […]

CONTINUE READING

Retail Asia20/01/2016

Higher vacancy rates in prime retail sites in Hong Kong are expected after the Chinese New Year holidays, reports property consultancy DTZ. This could potentially lead to a 5 to 10 per cent drop in rental rates in the first half of this year, whereas rents are likely to rise for prime office space in […]

CONTINUE READING

Retail Asia19/01/2016

Hang Lung Group Ltd.’s Chairman Ronnie Chan said Hong Kong’s property market, which began a correction last quarter, is the “healthiest” he’s seen in 25 years. Speaking in an interview Monday with Bloomberg Television, Chan said a price decline of 10 percent to 20 percent in Hong Kong’s housing market is “no big deal.” Chan […]

CONTINUE READING

Retail Asia18/01/2016

First-storey rents throughout SIngapore have fallen by 1.2 per cent to about $30.50 a square foot, according to the DTZ Research South-east Asia fourth-quarter report on the retail sector. This is the third consecutive decline since the second quarter of last year, says the report, released today. For the whole of 2015, average first-storey rents […]

CONTINUE READING

Retail Asia14/01/2016

Sixteen people, mainly children, were injured when a tent at an outdoor event crashed down on them at a Bangkok shopping mall on Saturday. Strong winds are blamed for the tent collapsing at Siam Paragon shopping mall, according to acting police chief Lt. Gen. Sanit Mahathaworn. He says the tent flew up about a metre […]

CONTINUE READING

Retail Asia14/01/2016

THE exodus of executives from Colliers International Singapore has continued this week. This time, some senior executives in its industrial services team including the division head are leaving for a rival firm. Colliers’ executive director and head of industrial services, Tan Boon Leong, three other senior executives and one support staff are said to be […]

CONTINUE READING

Retail Asia13/01/2016

The Airport Authority of Hong Kong (AAHK) is inviting interested companies to tender for a shoes, fashion accessories and sports concession at Hong Kong International Airport, in Terminal 1. The tender is due to close on 25 February 2016, at 14:30 (Hong Kong Time) for the 57sq m concession space. As the airport authority has […]

CONTINUE READING

Retail Asia13/01/2016

Metro said TCC Land International Pte, Ltd, a subsidiary of TCC Holding Company Ltd, has acquired its complete operations in Vietnam for 655 million euros (US$706 million). In a press release, it said: “This results in a cash inflow of around 400 million euros [$432 million]. The payment has been already made.” Metro Cash and […]

CONTINUE READING

Retail Asia12/01/2016

In the backstreets of Seoul, hipster culture is flourishing, and specialist cafés and eateries are jostling with big brand names to gain exposure in so-called “hot” neighborhoods. And as the crowds grow, so too do the retail rents. Just 10 years ago, Seoul wouldn’t have been the first city that came to mind as hip. […]

CONTINUE READING

Retail Asia11/01/2016

CapitaLand Limited (SGX: C31) is one of Asia’s largest real estate companies with a presence in Singapore, China, Indonesia, Malaysia and Vietnam. It is listed on the Singapore Exchange with a market capitalization of over S$13 billion. The company has a diversified suite of real estate businesses. This includes the development of residential and commercial […]

CONTINUE READING

Retail Asia10/01/2016

Aeon expects its planned Bangkok mega shopping complex will compete with Siam Paragon, CentralWorld and The Emporium, says managing director Masamitsu Ikuta. Aeon (Thailand) is set to compete head on with Central Group and The Mall Group, vowing to develop its first megaproject in central Bangkok as part of a 10-billion-baht investment over the next […]

CONTINUE READING

Retail Asia09/01/2016

A slew of Singapore firms, including property giant CapitaLand and banks DBS and UOB, have joined the third Sino-Singapore government-led project, which is based in Chongqing. DBS inked four strategic partnerships with Chinese government agencies and banks to provide comprehensive financial services for the project. One of them will see DBS and the Industrial and […]

CONTINUE READING

Retail Asia08/01/2016

In a MYR160 million ($37.33 million) deal, asset manager BlackRock has sold a luxury shopping mall in central Kuala Lumpur to Malaysia’s Pavilion Real Estate Investment Trust. Reputed to be the world’s largest asset manager, BlackRock, registered on the New York Stock Exchange, bought Intermark Mall in 2007, along with two corporate office towers and […]

CONTINUE READING

Retail Asia08/01/2016

Demonstrating strong and increasing interest in its portfolio of brands in South East Asia, Wyndham Hotel Group has introduced a third hotel in Bali, Ramada Bali Sunset Road Kuta, located in the heart of the vibrant Kuta district. Formerly the Best Western Premier Sunset Road, the 271-room property is owned by Sun Motor Group and […]

CONTINUE READING

Retail Asia06/01/2016

Hong Kong-listed Joy City Property has opened its newest Mainland China mall – Joy City Chengdu. The new 400,000 sqm mall opened its doors on Christmas Eve – five days after the opening of sister mall, Joy City Shanghai. Joy City Property describes the Chengdu development as China’s “first experiential recreation-cum-shopping park”. Located in the […]

CONTINUE READING

Retail Asia06/01/2016

Embattled apparel retailer Esprit has sold its Hong Kong office block on a leaseback arrangement to free capital for its continuing reform plan. The transaction will deliver Esprit an estimated one-off net gain of HK$725 million. The company said in a statement the proceeds will be used by the group as general working capital, including […]

CONTINUE READING

Retail Asia04/01/2016

Malaysia-listed DRB-Hicom and minority partner investors are selling at property at Little India which will be converted into a mixed use development including a multi-storey shopping centre. The property, previously named Tekka Mall and now known as The Verge, is located opposite the Tekka Centre in Serangoon Rd and has been on the market for […]

CONTINUE READING

Retail Asia04/01/2016

The National Parks Board (NParks) collected a lot more rent in its last financial year, ending March 2015, with rental income surging by 48 per cent, or about $2.6 million. It had a new museum tenant in Fort Canning Park, as well as two fairly new retail shops in the Singapore Botanic Gardens, to thank […]

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