News about Mall

JALAN Cheras, Kuala Lumpur is one of the busiest roads in the country and despite the congestion road users have to face daily, it is still the most convenient and popular route that leads out from the Kuala Lumpur city centre southwards towards Cheras and Kajang.

SINGAPORE (Sept 22): DBS Group Research has upgraded CapitaLand Mall Trust (CMT) to “buy” from “hold”, with a marginally higher target price of S$2.

  IT is a quarter past one in the afternoon at Pertubuhan Akitek Malaysia (PAM) Centre at Jalan Tangsi when Datuk Tan Pei Ing walks in.

PETALING JAYA (Sept 2): WCT Holdings Bhd’s Paradigm Mall Petaling Jaya aims to achieve 100% occupancy soon following the opening of 22 new outlets in the mall recently.

SINGAPORE (Aug 31): CapitaLand Mall Asia Ltd, CapitaLand’s wholly owned shopping mall business, has signed a management contract to manage the retail component of the landmark Fortune Finance Center in Changsha, the provincial capital of Hunan in Central China.

MALL owners and operators are urging the local authorities in Selangor and Kuala Lumpur to impose a two-year freeze on new applications to build shopping centres as a way to overcome the current oversupply of retail space.

TAN Sri Lee Kim Yew is the founder of Country Heights Holdings Bhd (CHHB).

DUE to the rising use of smartphones and the internet, what can retailers do to enhance their competitiveness? JLL Malaysia managing director YY Lau says with urbanisation, changing demographics and consumer behaviour, shopping habits have also evolved, forcing mall owners to rethink the way they operate.

ASIAN Retail Mall Fund II (ARMF), which owns the SStwo Mall in Petaling Jaya, is believed to be seeking a buyer for the retail asset as an earlier plan to redevelop the site has been shelved.

Sunway Real Estate Investment Trust Maintain buy with a higher target price of RM1.