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Ikea Australia’s first small-format store is set to open in Sydney’s Westfield Warringah Mall at the beginning of May. The Ikea Planning Studio will provide shoppers on the Northern Beaches with a place to plan and build their dream kitchens and bedrooms.…
Ever since Bank Negara embarked on a 10-year roadmap to move towards a cashless society, the ever growing trend of cashless transactions has been increasing and is popular amongst the Gen-Y and Millennial Generation. Sunway Malls took the initiative to bring…
UFC Gym Singapore has opened its first branch at CityLink Mall. The gym has been opened under a franchise agreement with local operator NF Fitness, which is planning to expand to 15 gyms during the next decade. “We will have access to best-qualified coaches,…
Filipino fast food chain Jollibee, the largest and fastest-growing Asian restaurant company in the world, is soon to open its flagship brand in Guam. The first Jollibee Guam outlet will launch at Micronesia Mall on Saturday, April 6. “We’ve seen people queue…
Reit Lippo Malls Indonesia Retail Trust (LMIRT) plans to buy Lippo Mall Puri in West Jakarta for US$261.6 million. LMIRT Management, which runs LMIRT, said in a statement it has entered into a conditional sale-and-purchase agreement for the 115,600sqm mall,…
Changi Airport’s mega retail and lifestyle development Jewel Changi Airport will open on April 17, senior minister of state for transport Lam Pin Min has announced. The 10-story complex consisting of five storeys above ground and five basement floors will be…
A three-fold jump in Indian mall supply from 3.2 million sqft last year to nearly 10 million sqft this year has been reported in India, following supply rollover from the previous year. The figures were outlined in the research report Customer Experience (CX)…
Sands China mall revenue rose 5.8 per cent last year as Mainland China visitor numbers rebounded. Sands China owns The Venetian Macao, Sands Cotai Central, The Parisian Macao and The Plaza Macao shopping centres which boast a combined 1.87 million sqft of…
Link Asset Management has bought the Centralwalk shopping mall in Shenzhen’s CBD via its real estate investment trust. The RMB6.6 billion (US$981.9 million) transaction marks Link REIT’s first acquisition in Shenzhen, the second in the Greater Bay Area and…
In a revolutionary development that could potentially redefine the global retail and e-commerce industries, Digital Mall of Asia (DMA), a first-of-its-kind digital e-commerce platform merging the real estate and the digital spaces, has announced the launch of…
Shopping malls are now allocating a higher percentage of their tenant mix (more space) to food & beverage (F&B) retailers, partly because competition from online platforms has impacted other types of retailers such as fashion, according to a market research…
ICONSIAM, the mega city project of futuristic living and an iconic landmark of Thailand’s eternal prosperity on the Chao Phraya River, held the inauguration ceremony for Thailand’s new global attraction on the Chao Phraya River known as the “ICONIC Multimedia…
Next week it Chinese New Year. It officially begins on February 5th, 2019, and ends on February 19th. This year will be the year of the Pig. It is the most important festival for Chinese people, so the city is fully decorated with festive installations. The…
Design Orchard mall is set to open on January 25 hosting 61 homegrown labels. The new Orchard Road mall, a joint venture between the Singapore Tourism Board (STB), JTC Corporation and Enterprise Singapore, is conceived of as a home and exhibition space for…
Malaysia’s Sunway Malls is introducing metal straws in a move to help eliminate single-use plastic straws from its property. The decision, made in alignment with the United Nations’ Sustainable Development Goals and the government’s decision to ban plastic…
Owner family members of fashion conglomerate E-Land Group stepped down from management on Thursday, handing over the helm to younger executives internally promoted to leadership roles. The move comes in an effort to rejuvenate its governance structure to…
