News about Mall

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.

Though he took on the position of acting managing director of Sime Darby Property Bhd (SDP) only on April 1, Datuk Jauhari Hamidi wears his responsibility with casual ease.