News about Mall

KUALA LUMPUR (Jan 8): Last year was unkind to not only the Malaysian property market but also the retail sector.

PUTRAJAYA (Jan 5): IOI Properties Group Bhd expects the financial year ending June 30, 2016 (FY16) to be a challenging but surmountable financial year for the company, due to the soft property market.

PUTRAJAYA (Jan 4): IOI Properties Group Bhd  is targeting to begin construction of Phase 2 of IOI City Mall here before this year end, with an investment of RM500 million.

Pavilion Real Estate Investment Trust (Dec 31, RM1.

KUALA LUMPUR (Dec 31): Analysts say Pavilion Real Estate Investment Trust (Pavilion REIT) is paying a fair price for Intermark Mall here, given that the commercial asset comes with a freehold strata title and is located on the fringe of the Golden Triangle.

Pavilion Real Estate Investment Trust (Dec 30, RM1.

KUALA LUMPUR (Dec 30): Pavilion Real Estate Investment Trust (Pavilion REIT) is buying The Intermark Mall, which forms part of The Intermark mixed-use development located at the crossroads of Jalan Ampang and Jalan Tun Razak here, for RM160 million cash, which will be fully funded through debt.

KUALA LUMPUR (Dec 16): Berjaya Land Bhd (BLand) is cashing out its Berjaya (China) Great Mall Recreation Centre in Hebei, China — which is still under construction — for RMB2.

KUALA LUMPUR (Dec 14): The Philippines’ largest shopping mall and retail operator SM Prime Holdings has appointed Aurecon to provide structural engineering design services for its SM Megamall Towers (pictured) in Manila.

KLUANG: Kluang Mall in Johor has expanded its portfolio with the opening of Uniqlo, H&M and Cotton On.