Luxury Shopping Destination in Singapore Sees Record Revenues in 2018

Feb 1, 2019

The Shoppes at Marina Bay Sands witnessed its most successful year ever in 2018, with revenues of USD 179 million, a 7% rise from 2017. Retail tenant sales at The Shoppes, which enjoys an occupancy of 95.4%, jumped 19% to USD 1,898 per square foot compared to the...

Japanese Investment Firm Acquires Vietnamese Fashion Brand

Feb 1, 2019

Elise Fashion Limited, one of Vietnam’s top fashion brands for women and its affiliate brands were acquired by Advantage partners, a Japanese investment firm and its affiliate companies (AP Funds). This marks the first acquisition of a company in Vietnam by AP Funds....

Aeon Partners with Go-Jek to Speed up Retail Expansion

Jan 1, 2019

Japanese retail group, Aeon, has partnered with Indonesian ride-hailing start-up, Go-Jek, on digital payment and home delivery services. Started in mid-December, the partnership aims to accelerate Aeon’s overseas expansion. Under the new strategy, Aeon will utilize...