Malls' future amid Covid-19 discussed at EdgeProp.my's FBLive Fireside Chat
PETALING JAYA (April 24): Malls are now close to empty due to the Movement Control Order (MCO) to break the spreading chain of the Covid-19 pandemic.
PETALING JAYA (April 24): Malls are now close to empty due to the Movement Control Order (MCO) to break the spreading chain of the Covid-19 pandemic.
KUALA LUMPUR (April 24): KIP Real Estate Investment Trust (KIP REIT)’s net property income rose 41.
KUALA LUMPUR (April 22): The Malaysian REIT Managers Association (MRMA) is calling for relief measures to help the local real estate investment trusts (REITs) industry mitigate the adverse impacts it is currently facing.
KUALA LUMPUR (April 18): Non-essential retailers have been instructed to remain shut during the Movement Control Order (MCO) for a total of six weeks from March 18 to April 28.
KUALA LUMPUR (Apr 3): Oversupply conditions in the office space and shopping complex (OSSC) segment in Malaysia have not improved.
PETALING JAYA (Mar 27): Tenants of Tropicana Gardens Mall, Kota Damansara, Selangor, will see their rentals waived for the duration of the Movement Control Order (MCO).
KUALA LUMPUR (March 26): Capitaland Malaysia Mall Trust (CMMT) will provide a 14-day rental waiver to tenants who provide non-essential services across all seven Capitaland malls amid the Movement Control Order (MCO), the trust said yesterday.
KUALA LUMPUR (March 23): The Malaysia Shopping Malls Association (PPKM) is appealing to the government to provide urgent relief as it estimates that the shopping mall industry will lose more than RM750 million, excluding turnover statistics from the retail sector, during the 14-day movement control order (MCO).
PETALING JAYA (March 23): While the Malaysia Shopping Malls Association (PPKM) applauds Sunway Mall’s proactive move to grant free rent to its tenants from 18 to 31 March, 2020, PPKM reiterates that such decisions are entirely within the mall’s individual prerogative and circumstances, and does not represent the whole shopping mall industry.