SStwo Mall up for sale
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.
A softer performance seen for Sunway REIT’s hotel segment in FY17
Sunway Real Estate Investment Trust Maintain buy with a higher target price of RM1.
Sunway REIT 4Q net property income grows 6.8%
KUALA LUMPUR (Aug 12): Sunway Real Estate Investment Trust’s (REIT) net property income (NPI) rose 6.
Luring customers back to the real world with Pokémon Go
Retailers and consultants approached by TheEdgeProperty.
Knight Frank Malaysia: Retail industry being held back by consumers’ weak sentiments
PETALING JAYA (Aug 11): Consumer spending remains a key challenge in the Malaysian retail industry with many continuing to hold back on purchases due to growing concerns on the rising cost of living and weaker job prospects, said property consultancy firm Knight Frank Malaysia in its Real Estates Insights research report for 1H2016.
More shopping centres to go on sale
WITH saturation and lower retail sales, the number of shopping centres that have been put up for sale or have been sold has been visibly higher over the past nine months.
Crunch time for malls
JUST last week, Perda City Mall in Bukit Mertajam, Penang, suddenly shut down after a mere 18 months in business.
Pavilion Elite targets to open in November
KUALA LUMPUR (Aug 5): Pavilion Elite, an extension to Pavilion Mall Kuala Lumpur, is expected to open its doors to shoppers in November.
DaMen, Intermark lift PavREIT’s 2Q NPI up 13%
KUALA LUMPUR (July 29): Rental income from DaMen Mall and Intermark Mall, which Pavilion Real Estate Investment Trust (PavREIT) acquired at end-March, lifted the trust’s net property income (NPI) for the second quarter ended June 30, 2016 (2QFY16), by 13.
IGB REIT’s organic growth to be backed by two mall assets
IGB Real Estate Investment Trust (July 27, RM1.
