Recent Articles
Shopping mall at TRX to be ready by Q3 2021

KUALA LUMPUR: Construction for the shopping mall at Tun Razak Exchange (TRX) is expected to be completed by the third quarter of 2021. Speaking to the press after a site […]

Costco plans on coming to New Zealand

The world’s second largest retailer has announced it has secured a site at the Westgate shopping complex, however it is still seeking some consents from Auckland Council. American bulk retail […]

Singapore’s Funan mall opens

Funal mall has officially reopened after a three-year redevelopment. The mall is home to more than 190 brands which are clustered around six ‘passion themes’: Tech, Craft, Play, Fit, Chic […]

Toppen Centre in Johor Bahru sets opening date

Toppen Centre in Johor Bahru – the giant 1.1 million sqft shopping mall attached to the city’s Ikea store – will open in November. Ikea Southeast Asia, which is developing […]

Mirvac raises $750m for new developments

Property firm Mirvac has completed a $750 million institutional placement, with capital gathered through the issuing of approximately 252.5 million securities at $2.97 each. The placement was strongly supported by […]

Myer keeps Westfield Belconnen store alive

Myer has announced it will keep its Westfield Belconnen, ACT store open, after stating in 2017 that it would close this year, due to a new lease agreement with Scentre […]

Tougher year for retail property in 2019

While the emergence of online shopping as a retail alternative deserves to be taken seriously by the retail property sector, the state of the economy and household sector finance remain […]

Australian brand house Gazal acquired by PVH

PVH has finalised the acquisition of Gazal Corporation, the Calvin Klein and Tommy Hilfiger-owner’s long-term partner in Australia, showing an increased commitment to the region. The acquisition gives PVH ownership […]

Hong Kong retail sales fell in April

Hong Kong retail sales fell by 4.5 per cent in April, contributing to a 2 per cent decrease in year to date. Worse, the Census and Statistics Department said that […]

Sears to close further 80 stores by March

Bankrupt US retailer Sears has informed 80 further stores of impending closure, in addition to the 40 store closures already announced. The second batch of closures is expected to be […]