Tropicana Gardens Mall expects 67% tenancy rate by year-end


From left: Pan Pacific Retail Management president Satoshi Machida, Tropicana Corp Bhd group managing director Dion Tan, Tropicana Corp group executive director Jared Ethan Ang and JONETZ by Don Don Donki senior store manager Sivaneswaran.

PETALING JAYA: Tropicana Gardens Mall, the retail arm of Tropicana Corp Bhd expects tenancy rate to hit 67% by year-end.

Tropicana group managing director Dion Tan said the mall opened its doors in the early stages of the pandemic in March 2020.

“Despite that, our tenancy rate has since doubled from 27% to 56% in November 2021, and is set to achieve 67% by year-end,” he said in a statement.

Tropicana has announced that the popular Japanese chain retailer JONETZ by Don Don Donki (Donki) opened its second and largest store in Malaysia at Tropicana Gardens Mall in Tropicana Indah. In addition, Golden Screen Cinema has also opened its door at this mall.

“Donki already has a popular fanbase in Malaysia and many are waiting eagerly for the opening of this store at Tropicana Gardens Mall.

“Spanning 42,243 sq ft across two levels, this unique store offers a wide variety of quality Japanese products, Yatai Japanese street food stalls, CosmeDONKI cosmetic corner, and Halal section. Tropicana Gardens Mall is pleased to house the second and largest Donki store in the country,” Tan said.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

Malaysia's top placing on investment index underscores strong foreign investor confidence
Ringgit opens weaker as US economic data boosts greenback
BHIC appoints independent, non executive director
Axiata's proposed Link Net acquisition to create new synergies
FBM KLCI stays firm as elevated crude prices offer support
Trading ideas: Eita Resources, Uzma, Affin Bank, Axiata, Tasco, Pavilion REIT, LKL International, Parlo and Westports
Tesla sinks after supply chain warning, hitting other EV makers
Robinhood posts US$423mil net loss, shares sink after hours
Apple's record sales, profit top estimates as hit from chip shortages eases
Oil price falls from 7-year high as Russia tensions offset Fed tightening

Others Also Read


Vouchers