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Prime Yangon retail space remains almost fully occupied despite a record addition of new stock on the market last year. As a result, city retail rents are likely to rise by 4 to 5 per cent in the near-term, reflecting high demand. “Rents should continue…
There is not enough spending power to support the number of Philippine provincial malls being developed, warns a real estate expert. This follows a “fantastic” year for the property sector during which most major developers opened malls. “Retail has had an…
The outlook for Singapore’s commercial property, including retail, office and industrial space, may have turned grim, according to forecasts from real-estate services provider Colliers. Singapore’s retail landlords and tenants face “challenging times,”…
Hong Kong may no longer be the darling of European luxury brands after the combined effect of a slower local economy and fewer mainland shoppers as a result of Beijing’s anti-corruption crack down, but the city is still magnet for less expensive luxury brands…
Retail rents on Singapore’s prime retalstrip, Orchard Rd, slipped by 1.6 per cent in the latest quarter. But worse is yet to come according to Colliers International in its quarterly review of Singapore retail rents, tipping a full year decline as high as…
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