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26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
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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 )
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17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
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Retail Asia04/12/2018

The “golden age of tourism” in Vietnam presents robust hotel development opportunities in Vietnam’s biggest cities. Troy Griffiths, deputy managing director of real estate consultant Savills, said Ho Chi Minh and Hanoi are “under-hoteled per population, per travel and per airlift capacity”. “Hotel is a particularly dynamic sector at the moment as Vietnam is experiencing […]

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Retail Asia24/09/2018

WeWork, the third largest startup in the U.S., and the sixth largest in the world, is set to open a new office in HCMC late this year. In its latest report on the co-working space market in Vietnam, real estate firm Jones Lang LaSalle (JLL) said WeWork is looking to open an office on Doan […]

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Retail Asia26/07/2018

A recent survey by JLL found that 83% of international and local retailers have plans to open new stores in Hong Kong over the next 12 months, a significant jump from 62% as recorded a year ago. More retailers planned to expand as retail sales in the first half have increased noticeably and are expected […]

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Retail Asia19/07/2018

China’s retail real estate arena is the fastest-developing market in the world – forcing landlords to change their strategies to meet the challenge of e-commerce. When it comes to mobile shopping, 30-minute delivery and customer apps, China leads the world. Around 20 percent of China’s retail sales are online, placing it ahead of the UK, U.S. […]

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Retail Asia19/07/2018

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A vast majority Hong Kong retailers in a survey say they plan to open new stores during the next year, according to property company JLL. Albeit a small sample base of 40 retailers, 83 per cent of international and local retailers told JLL they will expand – a significant increase form the 62 per cent […]

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Retail Asia10/02/2017

China offers “enormous room for growth” for foreign F&B brands, according to a new whitepaper from JLL China and retail data specialist LocalGravity. The Foreign F&B Expansion in China report explores the trends behind foreign F&B operators expanding in China and the lessons these hold for upcoming market entrants. With China’s middle class embracing foreign […]

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Retail Asia25/01/2017

Food and beverage and lifestyle is driving Hong Kong retail innovation, says property expert Shaun McManus with JLL Hong Kong. “The activewear and sports apparel sector has been a front-runner in elevating in-store experiences for shoppers,” McManus, who specialises in lifestyle retail and F&B with the property company. “Looking to boost their winter sales, Adidas […]

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Retail Asia24/01/2017

Singapore retail rents slipped 1.3 per cent in the last quarter of 2016, compared with the previous quarter. According to data from JLL Singapore, included in a pan-industry market review, retail rents were under most pressure in the Marina quarter where most of the new space coming onto the market in the quarter was concentrated. […]

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Retail Asia23/01/2017

Macau is enjoying a retail revival, according to the latest government data. Macau Association of Retailers and Tourism Services executive committee president Frederick Yip, who organised December’s Macau Shopping Festival festival, says the city’s retail industry will be back on a path of growth again soon. The festival generated total sales of MOP230 million (US$28.8 […]

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Retail Asia12/01/2017

With retail rents still affordable compared to other Asia Pacific countries, the Philippines should be attracting more international brands, says a property analyst. This would further fuel the growth of the retail property market this year, says Jones Lang LaSalle Philippines (JLL) regional director Sheila Lobien, who is also the company’s head of project leasing […]

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Retail Asia18/10/2016

Asia is home to more than half the world’s most dynamic retail hubs, according to new research that reinforces images of the region’s mall-strewn megacities. The research, by professional services and investment management company JLL, says 12 of the fastest-growing retail cities are in Asia, with eight in China alone — another indication that global […]

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Retail Asia15/10/2016

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Asian cities dominate the latest retail destination rankings, with the Middle East taking most of the remaining spots. According to the latest edition of JLL’s Destination Retail report, which ranks markets for retailer expansion around the world, Asia is fuelling global growth, taking 12 of the top 20 spots. Six of those cities are in […]

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Retail Asia19/08/2016

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 […]

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Retail Asia28/07/2016

Major Hong Kong tourism and shopping hotspots have been rushing to cash in on the citywide Pokemon Go craze with numerous events being organised, centred entirely around the smash-hit mobile game, to reinvigorate the city’s lacklustre retail sector. Three park and shopping mall operators — Ocean Park, Sun Hung Kai and Swire Properties — told […]

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Retail Asia12/05/2016

Orchard Road is meant to be Singapore’s premier shopping belt, but you wouldn’t know it if you strolled into many of the malls along the 2.2km stretch these days. The vacancy rate in malls within the Orchard planning area hit a five-year high in the first quarter at 8.8 per cent . Islandwide, vacancy rates […]

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Retail Asia02/05/2016

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While other luxury brands are scaling back in Hong Kong’s subsiding retail market, international fashion brand Versace Asia plans to open a flagship store in Central in October. Shanghai Commercial Bank says the Milan-based fashion house has signed a three-year lease, with an option to renew, for 12,600 sqft (1170 sqm) on the ground and […]

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Retail Asia28/04/2016

Vacancies at retail malls in the central region hit a five-year high in the first quarter of the year, driven largely by more vacant space in the Orchard sub-market. The rate went up from 8 per cent to 8.7 per cent, analysis from Colliers showed, the highest since the Urban Redevelopment Authority (URA) started tracking […]

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Retail Asia27/04/2016

Asia Pacific remains retail industry’s growth engine – with Hong Kong at the top of the Asia retail cross-border expansion rankings. Despite the sharp decline in Hong Kong retail sales during the last 18 months or so, Hong Kong is the second most favoured destination for global retailers entering new markets – top in Asia […]

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Retail Asia22/04/2016

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Dwindling footfalls and intense competition in the Hong Kong retail market is prompting developers of shopping malls to tap unexplored areas for growth. New World Development has gone a step further and is using its revamped D.Park shopping mall in Tsuen Wan to tap the niche children’s market. The group has launched Multiple Intelligence Kids […]

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Retail Asia19/04/2016

Numerous reports have been written on how eCommerce spells the death for brick-and-mortar stores in the retailing industry. But others have written on how the preference of customers taking in the whole in-store shopping experience will ensure that there will always be a need for real world stores. Unlike in other markets, eCommerce in Hong […]

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