Changi announces new T3 luxury retail tender
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Changi Airport Group (CAG) is inviting companies to participate in a luxury retail tender in four locations within the departure/transit lounge South of Terminal 3.
“We are looking for unique and exciting luxury brands and concepts that are currently not represented at Terminal 3 of Singapore Changi Airport and will inject buzz to and differentiate the retail offerings at Singapore Changi Airport,” says the airport group.
All product categories, apart from liquor & tobacco and perfumes & cosmetics are being considered.
Concession A will be 112sq m in size; Concession B, 103sq , Concession C 86sq m and finally Concession D covers 100sq m.
Concession A, B and C will carry contract terms of 3 years each from 1 July 2016 to 30 June 2019. Concession D’s term will also be for three years, but will being on 9 January 2017 or when the incumbent retailer hands over operations to the new retailer moving in.
There is no option to renew any of the contract terms. The tender opened yesterday and closes on 29 October at 4pm.
Questions & Answers
Q.Which product categories are Changi Airport Group considering for these new luxury retail spaces?
Which product categories are Changi Airport Group considering for these new luxury retail spaces?
All product categories are being considered, except for liquor and tobacco, and perfumes and cosmetics. This focus aims to bring new and exciting brands to Terminal 3's retail offerings.
Q.When does the tender for these luxury retail concessions close?
When does the tender for these luxury retail concessions close?
The tender for these four luxury retail concessions closes on 29 October. Companies interested in participating must submit their bids before 4pm on that day.
Q.What are the start and end dates for the contracts of these new concessions?
What are the start and end dates for the contracts of these new concessions?
Concessions A, B, and C will run from 1 July 2016 to 30 June 2019. Concession D's term is also three years, starting on 9 January 2017 or when the current retailer hands over.
Q.What is the total area of the retail space available across the four concessions?
What is the total area of the retail space available across the four concessions?
The total area across the four concessions is 401 square metres. Concession A is 112sq m, B is 103sq m, C is 86sq m, and D covers 100sq m.
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