Tag Archives: Singapore Office / Retail

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

Posted on 19 Aug 2009 | Comments Off on 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

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More lights up at Iluma

Posted on 15 Aug 2009 | Comments Off on More lights up at Iluma

New Bugis mall is 90% leased and is seeing more shoppers

ILUMA may not have opened its doors with a bang, but it has been working to fill space and draw crowds since. The new mall in Victoria Street is now 90 per cent occupied and more shoppers are making their way there, says its management.

Traffic has ‘definitely improved’ in the past few months, says Han Minli, business development director at Jack Investment, which owns and manages Iluma.

Iluma entered the mall scene in March as Filmgarde Cineplex began operations. Retailers gradually opened for business in the following months. But what seemed to stand out in the mall’s early days was empty space and a lack of crowds, going by reports. Continue reading →

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