News about Mall

KUALA LUMPUR (Sept 30): Despite various extensions of rental relief, up to half of mall operators reported significant difficulties collecting rents from their tenants in the first half of 2021 (1H21), according to Bank Negara Malaysia (BNM).

KUALA LUMPUR (Sept 18): Excitement and gains in share price seem to have originated from the appointment last week of three new directors at the property development company Encorp Bhd, reported The Edge Malaysia.

KUALA LUMPUR (Sept 11): Businessman Datuk Eddie Ong Choo Meng (pictured) “could emerge as a substantial unitholder of retail KIP Real Estate Investment Trust as early as this week”, The Edge Malaysia reported in its latest issue.

KOTA KINABALU (Sept 10): The multi-million ringgit Skybridge here which was reported to lead to a dead end instead of a mall will have a link in six months.

KUALA LUMPUR (Sept 10): Few may disagree that IGB Bhd signifies quality real estate assets given its track record, be it shopping malls or office space.

KUALA LUMPUR (Aug 21): Federal Land Development Authority (FELDA) “is understood to be looking to dispose of a stake” in developer Encorp Bhd, The Edge Malaysia reported this week.

KUALA LUMPUR (Aug 2): Sunway Malls announced today that it is facilitating up to RM200 million in working capital to assist its retailers through financing facilities provided by RHB Banking Group and Credit Guarantee Corporation Malaysia Bhd (CGC).

JOHOR BAHRU (July 29): With more new malls opening, coupled with weak market conditions, the hope of abandoned malls in the capital city of the southern region to attract white knights to rescue them seems even harder reported The Star.

KUALA LUMPUR (July 25): Retail groups are asking the government to allow shops to reopen for business, as long as 70% of public-facing workers are fully vaccinated.

KUALA LUMPUR (July 23): CapitaLand Malaysia Mall Trust's (CMMT) net property income (NPI) in the second quarter ended June 30, 2021 (2QFY21) rose 36.