News about malls

JUST last week, Perda City Mall in Bukit Mertajam, Penang, suddenly shut down after a mere 18 months in business.

PETALING JAYA (July 27): Developers need to change how shopping malls are developed to incorporate experiential engagement with consumers, Knight Frank retail consultancy and leasing associate director Rebecca Phan told TheEdgeProperty.

MALAYSIAN real estate investment trusts (M-REITs) may soon be allowed to put as much as 15% of their total assets into development projects and vacant land for development and are already positioning themselves for the liberalisation that is slated for the end of the year, industry sources say.

KUALA LUMPUR (March 12): Despite concerns about oversupply of retail space in urban areas -- with many shopping mall projects nearing completion -- retail consultant Tan Joon Kai (pictured) sees great prospect for suburban shopping malls in maturing neighbourhoods in the Klang Valley.

KUALA LUMPUR (March 11): The Malaysian Annual Real Estate Convention (Marec’16) -- which kicks off today -- will also highlight the latest trends in the auction market and physical retail in a digital world to avoid the threat of technology advancement on its second day tomorrow.

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

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.

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.

CapitaMalls Malaysia Trust (July 20, RM1.

KUALA LUMPUR (July 20): CapitaMalls Malaysia Trust (CMMT) did not spring much surprise in its second quarter financial result, said analysts.