Klang Valley retail space to hit 60 million sq ft in 2017
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.
More malls consolidation expected this year
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.
AmFirst REIT secures RM250 mil for land acquisition in Penang
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 REIT’s renewal unlikely an issue
Pavilion Real Estate Investment Trust (Dec 29, RM1.
Parkson's appeal against award to HK unit’s landlord rejected
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.
MCT to transform One City's SkyPark into thematic mall
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.
MyTOWN Shopping Centre attracts major retail brands to Jalan Cochrane, Kuala Lumpur
KUALA LUMPUR: MyTOWN Shopping Centre announced 14 confirmed anchor and minor anchor tenants for its 1.
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.
CBRE reports on Bangkok’s office, hotel and retail sectors for 3Q2015
BANGKOK (Dec 9): International real estate consultant firm CBRE has published a market view report of Bangkok’s office, luxury hotel and retail sectors for 3Q2015.
H&M, Uniqlo and Cotton On muscle into the Malaysian south
KLUANG: Kluang Mall in Johor has expanded its portfolio with the opening of Uniqlo, H&M and Cotton On.
