PETALING JAYA (Jan 22): Considering the challenges faced by the Malaysian retail sector, more retailers are reviewing their business strategy including downsizing, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.
KUALA LUMPUR (Dec 6): The average occupancy rate of retail space in the Klang Valley, which has been falling marginally over the last six years, is now hovering at a five-year low of 86%, said real estate services firm Nawawi Tie Leung Sdn Bhd (NTL).
KUALA LUMPUR (Oct 11): Sunway Real Estate Investment Trust’s (Sunway REIT) proposed acquisition of Sunway Clio Property from Sunway Bhd for RM340 million is fair and reasonable, and not detrimental to the minority shareholders, says independent adviser AmInvestment Bank Bhd.
PETALING JAYA (Oct 6): E-commerce will not replace shopping malls because both models need each other to survive, said Retail Group (Malaysia) Sdn Bhd managing director Tan Hai Hsin.
KUALA LUMPUR (Sept 6): The oversupply of office and retail space in Malaysia is “far from over”, according to UOB Kay Hian Securities (M) Sdn Bhd.
KUALA LUMPUR (Sept 5): Malaysian retailers posted sales growth of 4.
PETALING JAYA (Aug 28): The Urban Land Institute (ULI) Asia Pacific is collaborating with global think thank Fung Global Retail & Technology (FGRT) for the upcoming ULI Asia Pacific Summit in June 2018 to highlight the effect and integration of technological innovation into shopping centres and retailers.
KUALA LUMPUR (Aug 16): KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (REIT), collectively known as KLCCP Stapled Group, reported a slight increase in net profit in the second quarter ended June 30, 2017 (2QFY17) to RM177.
KUALA LUMPUR (Aug 2): IGB Real Estate Investment Trust's (IGB REIT) net property income (NPI) for the second quarter ended June 30, 2017 (2QFY17) rose 1.
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