Magazines Archives - 2008 April

Demand spurs Asian retail property
Story 11

GROWING Asian consumer spending and tourism is spurring retail-property growth in the region, reported DTZ Research’s latest SEA Property Market Overview.

“Retail markets in the region are expected to sustain the growth momentum, as consumer sentiments remain positive. It will also be supported by increasing visitor arrivals, government
initiatives and new mall offerings. However, competition will intensify in some cities with significant new supply,” said Ong Choon Fah, executive director and regional head for consulting and research at DTZ.

Meanwhile, budget airlines have fuelled growing intra-regional competition, as each country continues to raise the bar on retailing, the study noted.


2008 April Stories:

Retail sales in 2007 - Strong domestic consumption puts China in the lead

Asian customers’ habitual brand switch is costing companies billions

Coty to work with Halle Berry on new fragrance

Nuance-Watson opens mega store at Changi Airport T3

Dockers goes vintage with K1 chinos

Shiseido to serve expanding Asian market with a US$38m facility in Vietnam

Matahari turns in a sterling sales performance

South Koreans are world’s most avid online shoppers

US green campaign gains ground

Capitol Optical eyes bigger market pie

Tampines 1 set to change face of Singapore suburb

Demand spurs Asian retail property

CapitaLand to tap vast real-estate opportunities in Vietnam

Singapore REIT to buy Indon mall

Changes in food code proposed for Australia and New Zealand

> Back To 2008 Archives
Site Map
Powered By