Property News - Inside Retail Singapore
Ongoing investment-sale activity for malls suggests a positive outlook for the Singapore retail leasing sector, reports Edmund Tie & Company.
Singapore Shopping Centre at Dhoby Ghaut is for sale with a reserve price of $255 million.
Tenants are upset over Thomson Plaza renovation works, with at least 20 retailers leaving.
Dasin Retail Trust is to buy China’s Doumen Metro mall for US$274.8 million.
Funan mall has officially reopened after a three-year redevelopment.
Singapore’s sovereign wealth fund GIC is partnering with Indian property developer DLF to construct India’s largest shopping mall.
Sim Lim Square plans to launch its new e-commerce platform amid collective sale.
Funan mall is set to open its doors on June 28 – ahead of schedule.
Singaporean asset management firm ARA has entered into a joint venture to buy Atrium mall in Chinese provincial capital Chengdu.
Singapore’s new Funan Mall features a six-story structure to showcase brands, and an indoor cycling path.
Stronger rental growth and lower operating expenses boosted CapitaLand Retail China Trust’s income by 10.7 per cent in the first quarter.
Singapore’s Chinatown Point Mall has been sold to a subsidiary of Pan Asia Realty Advisors, for S$520 million.