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Two WA shopping centres up for sale

Inside Retail

Margaret River Shopping Centre and Busselton Boulevard Shopping Centre in Western Australia have been put for sale for the first time in 10 years. On behalf of the vendor, a private family that has owned the centres since 2011, James Douglas of CBRE and Craig Butler of VPG Property will oversee the sale process.

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Going green: How leafy streets can boost foot traffic

Inside Retail

Beyond the social and environmental benefits and aesthetic appeal, the addition of green spaces in urban areas can have an enlivening effect on the retail industry, boost the local economy and make shopping a more appealing prospect. Traffic congestion is not a plus”.

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Former INTU Shopping Centre set to transform into West Midlands leading lifestyle destination

Retail Focus

A multi-million pound programme of investment announced today by Ellandi , a UK privately-owned shopping centre operator, is set to transform Merry Hill shopping centre near Birmingham into a best-in-class regional retail destination and the most vibrant family lifestyle destination in the West Midlands by July 2025.

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For Singapore’s Capitaland, the mall comes roaring back

Inside Retail

E-commerce in Singapore had a couple of bumper years in 2020-21, but online sales growth plateaued in 2022 as a percentage of Singapore’s retail sales : for Capitaland’s malls, many of them part of integrated mixed-use projects, it was time to start taking full advantage of normalisation. Retail occupancy is 98.3

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Apac tipped to fuel global airport retail market recovery

Inside Retail

According to GlobalData, the growth will be driven by the increase in retail space and passenger numbers as cross-border travel resumes and the relaxation of lockdown and duty-free regulations. per cent this year, resulting in a boost in retail sales. However, it does not expect pre-pandemic levels to return until 2024.

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Harvey Nichols’ closure highlights shifting luxury landscape in Hong Kong

Inside Retail

But the rise of competing shopping hubs like China’s Hainan island, changing consumer preferences and a rise in online shopping have fundamentally changed demand for luxury goods in Hong Kong and are starting to reshape the city’s visitor economy, according to industry experts. Few, however, were shopping for designer gear.

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What Vietnam’s new expansion rules mean for Australian retailers

Inside Retail

Now, for retailers from the 10 other countries that signed on to a trade agreement called the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) five years ago, things just got easier. The ENT, as noted above, also doesn’t apply to stores of less than 500sqm proposed for shopping malls. per cent in 2023. per cent and 9.3

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