Singapore’s retail sales (excluding motor vehicles sales) expanded marginally by 0.3% in October 2014 from a month ago. Compared to the same month a year ago, retail sales expanded 1.9%. The higher sales value during the month was largely attributed toimproved sales from department stores, supermarkets and telecommunications apparatus & computers.
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The annual hospitality report for APAC covering all major markets in the region. This report covers analysis of the year gone by and also provides for forecasts for the coming year. Across most markets there will be significant supply and yet most markets will perform at par or show improvement. Demand is only on the rise and and whereever there is decrease in occupancy of rates that is solely driven by supply and not by drop in demand. Overall the coming year will see stabilization across the board.
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Our latest edition of the global retail flagship report, Main Streets Across the World, is out now! Released this morning at MAPIC, the report is widely recognized as the barometer for the global retail market and ranks the most expensive locations in the top 330 shopping destinations across 65 countries.
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Keppel REIT to buy one third stake in Marina Bay Financial Centre Tower 3.
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