Malls, flagship stores and the physical footprint of retail in Asia.
Heartland 66, located in Wuhan, China, is broadening its retail landscape with the introduction of two novel concepts: the 24KR Korean Trend Zone and Greenhouse by Edgestreet. This move is part of a larger strategy to transition away from conventional retail,…
Hang Lung Properties, a prominent Hong Kong property development firm, recently announced the appointment of retail expert, Leo Tsoi, as their new CEO and Executive Director. His tenure is scheduled to commence effectively as of October 1. In an initial…
Hongkong Land, a leading property investment, management, and development group, has successfully secured a deal to purchase Singapore’s premium shopping centre, Wheelock Place. The purchase, valued at approximately US$900 million, is being transacted through…
The Thai government is stepping up its measures against unauthorized accommodations, following the discovery of three illegal hotels on Phuket, the nation’s largest island. During a recent operation, Deputy Interior Minister Polapee Suwunchwee led a task…
In the wake of a record-breaking first half of the year, bulk homebuyers are anticipated to continue to be a significant influence in Hong Kong’s primary residential market throughout the second half of the year. The strong rental demand, particularly from…
A new national resale record has been set in Queenstown, Singapore, after a two-bedroom public housing flat fetched a whopping SGD696,000 (US$539,000). The sale, completed on July 16, involved a unit located on a high floor at SkyParc @ Dawson. This…
After dropping out of school at 16, Chua Thian Poh embarked on a business venture that would ultimately lead him to become a pioneer in Singapore’s prestigious Sentosa Cove with his company, Ho Bee Land. Today, Sentosa Cove is an exclusive residential…
In celebration of its 23rd anniversary, the Sheraton Saigon Grand Opera Hotel, located in the heart of Ho Chi Minh City, has recently unveiled Level 23. This innovative space showcases a convergence of meeting venues, event spaces, and a rooftop entertainment…
Sunway Malls, one of Malaysia’s leading shopping center operators, has launched a pioneering artificial intelligence (AI) system designed to transform its locations into the nation’s first “smart malls.” The innovative AI network will work in tandem with…
Thailand is advancing a significant cruise terminal project, valued at THB12.2-billion (US$362-million), on Koh Samui, the country’s second-largest island. The terminal has been designed to accommodate large cruise ships and is part of 262 substantial…
Hotel101 Global, a venture supported by Jollibee Foods founder Tony Tan Caktiong, is marking its expansion into Thailand with an investment of US$200 million. This investment is aimed at the development of three new hotels in Southeast Asia’s top tourist…
Next month, Hanoi authorities are set to auction a two-hectare plot of land located in the city’s western region. The initial entry price has been established at VND1.06 trillion, or approximately US$40 million, which equates to VND52.9 million per square…
Hong Kong real estate developers are elevating their prices for newly built homes, following a pattern of successful sales. This trend is occurring amidst growing economic and political instability, as well as uncertainty revolving around interest rates.…
Central Pattana, a leading retail and property development company, has unveiled ambitious plans to invest approximately $3 billion to broaden its mixed-use portfolio over the next five years. Central Pattana’s proposed projects are poised to offer an…
The prime office space vacancy rates in Hong Kong’s central business district have once again dipped into single figures for the first time in over two years, marking a resurgence in demand within the previously struggling office market. A Turnaround in…
CapitaLand Integrated Commercial Trust (CICT) has successfully concluded the sale of Bukit Panjang Plaza, a prominent shopping mall in Singapore. The sale, which fetched a sum of US$332 million (S$428 million), is part of a larger strategy to optimize the…
Evergreen guides that explain the mechanics behind this coverage.
Property and rents
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Brunei.
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E-commerce
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KPIs and definitions
Plain definitions and formulas for the retail metrics that appear in Asian earnings calls, investor decks and operating reviews, with notes on how each one…
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Market entry
The four ways brands enter Asian retail markets, what each one costs in control and capital, and the questions that decide which is right for a given country.
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Weekly Briefing
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Read by retail operators, investors and brand teams across Asia.