News about retail

AN undersupply of affordable housing, particularly in major urban areas, coupled with an oversupply of office and retail spaces, may lead to deeper imbalances in the property market, says Bank Negara Malaysia in its 2015 annual report, which was released recently.

AN undersupply of affordable housing, particularly in major urban areas, coupled with an oversupply of office and retail spaces, may lead to deeper imbalances in the property market, says Bank Negara Malaysia in its 2015 annual report, which was released recently.

KUALA LUMPUR (March 8): Malaysia should try harder to woo Chinese tourists to shop here, as they are among the world’s biggest spenders and make up the largest consumer market of luxury goods, said Savills (Malaysia) Sdn Bhd managing director Allan Soo.

PETALING JAYA (Mar 1): The retail space in Klang Valley will hit the 60 million sq ft mark in 2017, said Savills Malaysia managing director Allan Soo.

KUALA LUMPUR (Feb 10): Property consultancy firm Rahim & Co highlights the possibility of more consolidation of the Klang Valley's retail space this year as more malls are launched, contributing to a growing glut in the sector.

KUALA LUMPUR: AmFirst Real Estate Investment Trust has secured a RM250 million syndicated-term loan facility from Public Bank Bhd andAmBank (M) Bhd to acquire six pieces of land in Seberang Perai Tengah, Penang.

Pavilion Real Estate Investment Trust (Dec 29, RM1.

KUALA LUMPUR (Dec 29): The Second Intermediate Court of Beijing has thrown out an application by Hong Kong-listed Parkson Retail Group Ltd, a 53.

KUALA LUMPUR: Property and construction player MCT Bhd’s SkyPark mall in the One City development, which is located in USJ 25 and surrounded by high-density areas like Subang Jaya and Shah Alam, will be transformed into a food and beverage-themed mall to attract more patrons.

KUALA LUMPUR: MyTOWN Shopping Centre announced 14 confirmed anchor and minor anchor tenants for its 1.