Category: Real Estate

Retail Asia02/09/2016
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3min
CapitaLand Mall Asia Ltd, CapitaLand’s wholly owned shopping mall business, has signed its first third-party management contract to manage the retail component of a mall in China. The contract with Changsha Pilot Investment Holdings Group Co is for Fortune Finance Center, an integrated development in Changsha, the provincial capital of Hunan in central China, CapitaLand […]

Retail Asia31/08/2016
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4min
At 1,029 feet, the MahaNakhon is now the tallest building in Thailand. The 77-story tower beats the skyscraper that previously held the title, Baiyoke Tower II, by 33 feet. To celebrate its debut on August 29, the building lit up Bangkok’s skies with a fantastic light show. The skyscraper’s signature ribbon, which is made to like a partially-downloaded spiral of pixels, lit up, […]

Retail Asia27/08/2016
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6min0
Online and offline retailing in Southeast Asia is expected to merge further, according to a new study by CBRE Research Singapore. Its report It’s All About Place-making urges landlords to play their part to stay ahead in a fast-changing retail landscape where consumers transit seamlessly from physical to digital platforms. CBRE Research projects that nearly 4 […]

Retail Asia24/08/2016
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3min
Overall DPU growth sits at -0.1%. While its retail sector remained resilient, other sectors such as hospitality and industrial have continued to impede Singapore real estate investment trust (REITs)’s growth, registering a flat -0.1% improvement in 2Q16. Even with the dismal performance, OCBC Investment Research said the REITs’ performance in 2Q is in line with […]

Retail Asia23/08/2016
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1min0
A Japanese department store operator has set its eyes on the Philippines to build commercial-residential facilities by 2022. Isetan Philippines will work with Nomura Real Estate Holdings to build properties in Manila. The project is projected to reach approximately $500 million. The developer, a rival of Takashimaya, plans to erect four 40-story condo buildings with […]

Retail Asia20/08/2016
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1min0
Ho Chi Minh City can expect its first underground shopping mall by 2020. According to local news sources, the city’s government has sought central government approval to build a four-level Saigon underground mall beneath a station in its first metro route, from Ben Thanh market to Suoi Tien theme park. The underground complex will include […]

Retail Asia19/08/2016
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3min0
Premium Indian mall rents have risen “significantly” in the first six months of 2016. A report by property consultant CBRE South Asia shows rental rates at India’s more up-market shopping centres were led by major cosmopolitan mall clusters Noida (rising by 45 per cent), Gurgaon (by 30.8 per cent), Vasant Kunj (28.6 per cent), and […]

Retail Asia17/08/2016
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4min
Lifestyle International (1212) non- executive chairman Thomas Lau Luen- hung said the company is looking to open a third SOGO department store in Hong Kong and expects the investment to be no less than HK$5 billion. There are so far two SOGO branches in Hong Kong, one in Causeway Bay and one in Tsim Sha […]

Retail Asia16/08/2016
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4min0
Starwood Hotels & Resorts Worldwide, along with PT Thamrin Ekspress Indonesia today jointly announced the opening of Four Points Jakarta, Thamrin. The opening marks the first Four Points property in Jakarta, and the sixth in Indonesia. The hotel is part of an approximate 159,000 square foot mixed used development that consists of offices located on […]

Retail Asia15/08/2016
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5min
Malaysian investors in Australia will most likely focus on commercial properties with the implementation of new tax rates targetting foreign buyers of residential real estate, according to Knight Frank Australia. The property consultancy, which recently organised a roadshow to gauge investors’ sentiment, noted that the Australian property market remained a key attraction for Malaysian investors […]

Retail Asia13/08/2016
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2min0
Two years of renovation have breathed new life into Bangkok IT hub Pantip Plaza, on Phetchaburi Road. It re-opens on Monday as Tech Life Mall, offering wider aisles and spaces where customers can try balance wheels, scooters and drones. “We position ourselves as a fun place for shopping, and we broaden the target groups to […]


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