Hong Kong shopping mall operators are offering free hotel rooms, gourmet dinners prepared by Michelin chefs, facial treatments and abalone breakfasts to compete for late-night shoppers during the foot…
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J Max and SF team up on Thai small malls
J Max Monopoly Co., a subsidiary of the Summit Group, will join with Siam Future Development Plc (SF), a community-mall specialist, to develop a number of community malls in Thailand in the near futur…
Redevco to invest up to USD293m in China projects
Dutch real estate development and investment firm Redevco has its sights on Chinese property projects worth as much as CNY2 billion (USD292.9 million) as part of an aggressive expansion drive in Asia.…
US retail property gouged by record vacancies
Vacancy rates at U.S. shopping centers and malls rose to the highest levels in at least 10 years in the first quarter, accompanied by a drop in rents that wiped out years of growth, research firm Reis…
Mall capital of Asia: when in Philippines, forget beaches, go shopping
The Philippines is known for many things: beautiful beaches, overseas workers and the multitude of shoes owned by former first lady Imelda Marcos. But the archipelago is also a shopper’s dream, …
Lianhua says to take Bailian hypermarket asset
Lianhua Supermarket said today that Bailian Group, an associate of its controlling shareholder, would transfer newly acquired Hualian GMS Shopping Centre Co. Ltd to the company.…
CapitaMalls Asia makes USD114m purchase in Chengdu
CapitaMalls Asia is expanding its presence in China with the acquisition of an integrated development in Chengdu.
The company said on 8 March it had agreed with CapitaRetail China Development Fund II …
Philippines: Shoppesville positions itself as premier fashion destination
Shoppesville Arcade at Manila’s Greenhills Shopping Centre has embarked on a major modernisation project aimed at cementing its reputation as the city’s go-to place for fashion.
The refurb…
Retail and food majors line up to be in Indian mega food parks
Retail and food majors, such as Pantaloons Retail, Capital Foods, Temptation Foods and Brittal Foods, have expressed interest in setting up mega food parks in the Indian states of Maharashtra, Karnata…
Manila’s malls mix the commercial and the spiritual
It was Sunday afternoon and Greenbelt was packed as usual. Diesel, Lacoste, Burberry – business was humming in the stores of the shopping mall in Manila’s upscale Makati district. The most…