Tag: cbre

Retail Asia10/02/2020
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1min0
The Phnom Penh Megamall developer has delayed the mall’s launch until the fourth quarter of this year owing to lagging interior design work, according to its marketing representative CBRE Cambodia. The 47,000sqm, 11-storey shopping hub is being constructed as a mixed-commercial centre. “The delay has nothing to do with market issues,” said CBRE Cambodia MD […]

Retail Asia25/03/2019
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6min0
Competition is increasing in the Bangkok retail-property market, according to international property consultant CBRE. The competition is focused on the bricks vs clicks sector as e-commerce grows, and the bricks vs bricks market, as developers build new malls. “All over the world, e-commerce is challenging traditional retail stores, and Thailand is no exception,” said CBRE […]

Retail Asia10/12/2018
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2min0
CBRE, the worldwide commercial real estate services and investment firm, recently announced the appointment of Alan Li as President, CBRE China, effective immediately. Alan will be responsible for CBRE’s advisory services across business lines in China, including Advisory and Transaction Services, Capital Markets, Asset Services, and Valuation and Advisory Services. Based in Shanghai, Alan will report to […]

Retail Asia22/10/2018
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1min0
Embattled UK fashion retailer New Look is to quite China, closing some 130 remaining stores. The move follows a strategic review of the China business announced back in June, when the company put the brakes on an ambitious 450-store rollout plan after opening just 148. New Look has appointed property specialist CBRE to find new tenants […]

Retail Asia03/04/2018
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2min0
Hanoi’s retail supply is growing outside the CBD area, reports real-estate company CBRE. With a total of 157,000sqm of retail coming from eight projects under development in fast-growing residential areas with good connecting infrastructure, CBRE says the suburban growth is expected to be attractive to both retailers and consumers. Malls inside residential complexes will continue […]

Retail Asia20/03/2017
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1min0
Thai ambassador to Cambodia Nuttavudh Photisaro says Central representatives have already studied the proposed site, not yet revealed publicly. “By investing in a shopping mall, they hope the trade volume between the two countries will increase,” says Nuttavudh. CBRE Cambodia associate director Ann Sothida says shopping malls still have a chance to grow in Cambodia […]

Retail Asia14/03/2017
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8min0
High-end international brands have long held court alongside local Hong Kong indie fashion designers – who are now enjoying greater visibility in the city’s vibrant retail market. The city’s deep-rooted love of luxury has seen names like Gucci and Hermes open multiple stores in the city – stores that have co-existed with a stable of […]

Retail Asia14/12/2016
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2min0
Japanese lifestyle clothing and accessories brand Muji Canada is expected to expand to Vancouver next year. Known for its minimalist approach, Muji already has three stores in Toronto. It has about 300 stores outside Japan. Vancouver’s retail sector continues to outperform other Canadian markets with annual sales-per-square-foot at more than C$1000 (US$762). Toronto is second […]

Retail Asia26/10/2016
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2min
Current retail thinking that the high and the low ends are driving the industry has gotten a boost from CBRE Group. High street rents are off the charts worldwide, according to company’s just-released Global Retail Rents report. Rents in prime shopping locations during the second quarter were up 30% in Rome, 24%, 20% in Milan, […]

Retail Asia09/09/2016
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3min
Discounted prices for Henderson Land’s “mini flats” at its One Prestige project in North Point are as low as HK$3.67 million or HK$22,130 per salable square foot, according to the first price list that the developer issued yesterday. The price list is for 50 flats of sizes between 163 to 170 ssf. The discounted prices […]

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 Asia14/06/2016
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4min0
With continuing restructuring in the Singapore retail sector it is a tenants’ market, but while rents are generally under pressure, well-located, well-managed suburban malls are in a strong position. Meanwhile, average prime retail rents in Orchard Rd and suburban areas continued to fall in the second quarter of this year, reports CBRE. “Our research shows […]

Retail Asia31/05/2016
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3min
Retailers are still looking for growth across borders, with Asia a particular interest to many. Nevertheless, high eCommerce investments have slowed down the international expansion, according to real estate consultant CBRE‘s “How Global is the Business of Retail?”‘s report. Hong Kong most appealing The annual study, in its 9th edition, analyzes 334 international retailers’ activities in […]

Retail Asia29/04/2016
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2min0
Giant Cambodia has opened its first store in the kingdom, in Phnom Penh’s Grand City Mall. It is part of a major expansion into Cambodia by the Malaysian wholly owned subsidiary of pan-Asian retailer Dairy Farm International, which also has a 70 per cent stake in Lucky Private, the owner of Lucky Supermarkets. Dairy Farm International […]


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