While Asia Pacific millennial consumers shop online, only physical stores and particularly shopping centres give them the experiences and social elements they want, says a new report. Millennials shop online an average of 4.7 days a month, but visit shopping…
Online and offline retailing in Southeast Asia is expected to merge further, according to a new study by CBRE Research Singapore. Its report It’s All About Place-making urges landlords to play their part to stay ahead in a fast-changing retail landscape where…
With continuing restructuring in the Singapore retail sector it is a tenants’ market, but while rents are generally under pressure, well-located, well-managed suburban malls are in a strong position. Meanwhile, average prime retail rents in Orchard Rd and…