Shifting attention of consumers back to offline

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.

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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.

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Zaha Hadid’s first tower in Melbourne unveiled

PETALING JAYA (Aug 16): Melbourne will soon usher in 600 Collins Street — the masterpiece of the world’s most renowned female architect, Zaha Hadid — after the Victorian government approved the $300-million project, Tourism Australia announced in a press release today.

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Sime Darby launches RTO of Japanese REIT, Saizen

KUALA LUMPUR (Aug 15): Sime Darby Bhd has initiated a reverse takeover (RTO) of Japan’s Saizen Real Estate Investment Trust (REIT) under which it will be injecting several of its industrial properties in Australia into the REIT, in exchange for a a certain amount of units in the REIT and cash.

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