Tag Archives: Marina Bay Sands

Marina IR secures tenants for 75% of its retail space

MARINA Bay Sands said it had secured tenants for three-quarters of its retail space, including French luxury brand Chanel, which will open its largest boutique in Singapore.

The integrated resort is expected to have about 300 stores for the well-heeled shopper in more than 800,000 sq ft of retail and restaurant space.

But only half of the retail space will open with the resort early next year along with the casino, 1,000 hotel rooms and most of the convention centre.

Marina Bay Sands said it is confident of its success as a ‘compelling shopping destination’.

‘We have enjoyed enthusiastic responses from retail tenants from all over the world,’ said Mr David Sylvester, vice-president of Asia retail at Continue reading

Marina Bay Sands secures lease for 75% of its retail space

Marina Bay Sands has leased about 75 per cent of its retail space, or 225 units of the 300 stores at the Marina Bay Sands Shoppes.

The integrated resort provides over 800,000 square feet of retail and restaurant space.

Sands said about half of the total retail space will be ready by the first phase of its opening in early 2010. And 80 per cent of the stores that are due to open has already been leased.

Among them is luxury French fashion house Chanel. The label is boosting its presence in Southeast Asia with a new concept fashion boutique that will occupy 7,600 square feet over two floors of the Marina Bay Sands Shoppes.

It will be designed by New York-based architect Peter Marino, who is responsible for the interactive black-and-white signature design of Chanel’s boutiques worldwide.

Source : Channel NewsAsia – 19 Aug 2009