KUALA LUMPUR (Aug 6): Department store operator Parkson Corp Sdn Bhd, which shut its 20-year-old store in Suria KLCC earlier this year, has shut another store — the Parkson M Square Mall in Puchong, Selangor.
KUALA LUMPUR (June 7): Retail Group Malaysia has raised its 2019 growth forecast for the country's retail sales to 4.
PETALING JAYA: Retail leasing markets in Asia Pacific have been quiet through the first quarter of 2019 and retailers will have to reconsider their operating strategies amid potential economic headwinds that might lead to slower sales, according to real estate market research firm CBRE Research in its “Asia Pacific Retail Trends Q1 2019” report released recently.
KUALA LUMPUR: London took the global top spot for luxury store openings in 2018, according to research from international real estate advisor Savills.
PETALING JAYA (March 27): Due to large incoming supply, risks are expected to remain elevated for the office space and shopping complex property segment in Malaysia.
KUALA LUMPUR (March 8): Kuala Lumpur City Hall (DBKL) is out to catch the culprit who has felled as many as 14 trees planted along Jalan Tuanku Abdul Rahman.
KUALA LUMPUR (Jan 24): IGB Real Estate Investment Trust’s (IGB REIT) net profit for the fourth quarter (4Q) ended Dec 31, 2018 slipped 9.
KUALA LUMPUR (Jan 8): Investor confidence in the Malaysian property market has showed some positive signs as the new government starts to provide more clarity and certainty in its fiscal policies, according to real estate consultancy Knight Frank Malaysia.
KUALA LUMPUR (Dec 22): Larry Michael Remsen has resigned as the chief executive officer (CEO) of Parkson Holdings Bhd’s 67.
KUALA LUMPUR (Nov 27): The Malaysian Retail Chain Association says its members posted an average year-on-year revenue growth of 5.
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