Real Estate

Don't Miss:

29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
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 )

Retail Asia11/08/2016

Two Kuala Lumpur malls, collectively offering more than 2 million sqft (185,806 sqm) in net lettable area, will open in Cheras, Klang Valley, by the end of the year. Moreover, the MyTown Shopping Centre (below picture) and Sunway Velocity Mall (above picture) will be just 800m away from each other. Cheras already has the Aeon Maluri shopping centre […]

CONTINUE READING

Retail Asia11/08/2016

Thai developer MBK plans to spend 500 to 800 million baht (US$14 to 23 million) building a community mall in Pathum Thani province next year. President/chief executive Suvait Theeravachirakul says the mall will be opposite Bangkradi Industrial Estate in Pathum Thani. It is the company’s second community mall following The Nine Center in Bangkok. The […]

CONTINUE READING

Retail Asia10/08/2016

One of the under discussed aspects of rising real estate prices is the attendant rising rents amid a brick-and-mortar retail slowdown. In 2015, the top 100 chain stores saw sales growth of only 4.3 percent. Locally, in Beijing the smaller mom-and-pop retail shops as well as national chains are being forced out by high rents, […]

CONTINUE READING

Retail Asia10/08/2016

Aeon will open new supermarkets in Myanmar at a faster clip over the next five years, according to business plans announced Monday, with shopping centers also under consideration. The Japanese retail group recently established supermarket chain Aeon Orange, a joint venture with Creation Myanmar Group of Companies. The 14 supermarkets purchased from CMGC will be renovated, and the first new Aeon Orange store is to […]

CONTINUE READING

Retail Asia09/08/2016

SingPost eCommerce delivered soaring sales growth – and expenses – in the last quarter. Revenue in the three months to June 30 grew a robust 30.9 per cent to S$333.4 million, buoyed by continued expansion of cross-border eCommerce-related activities, and the inclusion of contributions from new subsidiaries. But net profit attributable to equity holders declined […]

CONTINUE READING

Retail Asia05/08/2016

From fast-fashion chain H&M to lifestyle brand Maison Kitsune and cosmetics firm Innisfree, mass-market retailers are setting up shop in premises previously occupied by luxury brands in Hong Kong’s prime shopping districts. Aided by falling rents in top locations, accessory, sport and lifestyle retailers are emerging as a new driving force of Hong Kong’s US$60-billion […]

CONTINUE READING

Retail Asia05/08/2016

Japanese grocery and mall giant Aeon is expanding its Asian footprint yet further, acquiring a 14-store supermarket chain in Myanmar. The Aeon Myanmar operation will be run by a new company, Aeon Orange, which has acquired the supermarket chain from Hypermarket Asia, one of the affiliate companies of Creation Myanmar Group. At the same time, […]

CONTINUE READING

Retail Asia03/08/2016

Property firm Keppel Land opened a mall in Ho Chi Minh City yesterday as part of plans to increase its presence in Vietnam. The mall in Saigon Centre has 55,000 sq m of retail space and is already fully leased with over 400 international and local brands, the firm said. They include anchor tenant Takashimaya, […]

CONTINUE READING

Retail Asia03/08/2016

Vietnamese realty group Hoang Anh Gia Lai on Sunday put into operation a five-star hotel in Yangon, Myanmar. The hotel is housed in the group’s Myanmar Center, located some eight kilometers from downtown Yangon, on Kaba Aye Pagoda Road in Bahan Township. Hoang Anh Gia Lai (HAGL) Group is one of the leading real estate […]

CONTINUE READING

Retail Asia30/07/2016

CapitaLand’s China retail venture has had a strong half year, despite the tepid retail sector. CapitaLand Retail China Trust Management, which manages CapitaLand Retail China Trust , has achieved net property income of RMB339.3 million (US$50.92 million) for the six months to June 30, up 4.6 per cent from the same period last year. Chairman […]

CONTINUE READING

Retail Asia29/07/2016

New York-based Laguarda.Low Architects has designed a retail development in central Fuzhou, China. At a major intersection in the city centre, Thaihot Plaza Fuzhou is a 1.4 million sqft (130,064 sqm) retail centre with a six-storey luxury shopping mall to the south, a public plaza, and three levels of outdoor shops and restaurants to the […]

CONTINUE READING

Retail Asia28/07/2016

Ayala Land Premier (ALP), the top-tier market segment unit of Ayala Land Inc. is launching the country’s most expensive residential development to date with a total value of P20.5 billion—including an ultra-luxurious unit sold at P477 million. “ALP competes in a valuable segment in the market. The players are very select, and it is by […]

CONTINUE READING

Retail Asia27/07/2016

03-Mrs.-Chadatip-Chutrakul-and-Mr.-Suphachai-Chearavanont-1024x690.jpg

ICONSIAM Co., Ltd., the developer of ICONSIAM – the iconic new landmark of Thailand, and True Group, the convergence lifestyle leader which offers a full range of communication services and solutions, today, is building “True ICONSIAM Hall” , an advanced world-class venue complete with the best innovation and technology and world-class international standard design worthy […]

CONTINUE READING

Retail Asia26/07/2016

SM Prime’s SM Seaside City Cebu was recognized recently by the Urban Land Institute (ULI) Philippines Building Healthy Places Awards in the Commercial-Retail category. Building Healthy Places Awards recognize outstanding and innovative projects that add value to the community, promote healthy life choices and enhance the environment. SM Seaside City Cebu is the center of a future 30-hectare mixed-use masterplan which […]

CONTINUE READING

Retail Asia25/07/2016

The Singapore retail rent decline gathered pace in the last quarter according to data from Edmund Tie & Company. In the second quarter, retail rents across the board fell by 3.9 per cent quarter-quarter. That was double the 1.9 per cent decline of the preceding quarter. Amid weaker demand, occupancy levels also dipped, falling by […]

CONTINUE READING

Retail Asia25/07/2016

CapitaLand Mall Trust (CMT) has overcome what it describes as a “soft” Singapore retail market to increase its profit and distribution. A 3.7 per cent increase in distributable income to S$193.9 million (US$143 million) for the first half-year coincides with a second quarter distributable income of S$97.1 million, a 3.3 per cent increase over the […]

CONTINUE READING

Retail Asia22/07/2016

ZEON Properties Group, the exclusive event partner of the StarProperty.my Fair 2016 that opens in Gurney Plaza and Gurney Paragon Mall in Penang today, is a real estate powerhouse. Among the most recognised brands in the industry in Malaysia, it has a dynamic 500-strong team of operations personnel and agents in several countries throughout South-East […]

CONTINUE READING

Retail Asia20/07/2016

A new six-storey CapitaLand shopping centre in Qingdao, China, was designed by New York design and planning firm Laguarda.Low Architects. CapitaMall Xinduxin comprises a six-level above-ground retail centre, two levels of below-ground retail, and two levels of underground parking. Covering more than 1.7 million sqft (157,935 sqm), it is the first international large-scale shopping centre […]

CONTINUE READING

Retail Asia18/07/2016

AccorHotels Group has selected Ruckus Wireless as the preferred Wi-Fi partner for its chain of more than 3,700 hotels in 90 countries. The company has started implementing 802.11ac access point technology from the vendor at hotels including Novotel Hong Kong Nathan Bay Kowloon to improve performance for both customers and staff. As part of the […]

CONTINUE READING

Retail Asia16/07/2016

SM Prime Holdings, Inc. has set the interest rate for its Peso-denominated Series F, 10-year retail bonds at 4.2005% per annum. SM Prime will issue an aggregate principal amount of Php10.0 billion of the Series F bonds, which will be offered to investors through underwriters from July 13 to 19, 2016. The retail bonds will be […]

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