Retail Group cuts 2015 forecast

KUALA LUMPUR (Dec 17): Retail Group Malaysia (RGM) has cut its forecast for 2015 retail sales for the fifth time due to poor retail figures achieved in the second and third quarters of the year.

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KLCCP Stapled 3Q’s distributable income slips 2.3%

KUALA LUMPUR (Nov 12): The KLCCP Stapled Group, which comprises KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (KLCC REIT), saw its total distributable income for the third quarter ended Sept 30, 2015 (3QFY15) fall 2.

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Hong Kong shop rents decline further

HONG KONG (Oct 30): Prime street shops rents are expected to drop further across all major retail districts in Hong Kong, including Hong Kong Central, Causeway Bay, Tsim Sha Tsui and Mong Kok,according to the latest Hong Kong Monthly Property Market report by Knight Frank.

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Mall of Emirates developer gets a Green Star

  Dubai (Oct 20): Majid Al Futtaim, the leading retailer in Middle East,has achieved the highest “Green Star” status for the second year in a row from the Global Real Estate Sustainability Benchmark (Gresb).

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