Retail space competition set to intensify


PETALING JAYA: The opening of The Exchange TRX this month is expected to generate more retail space competition in the local real estate investment trust (REIT) sector.

CGS-CIMB Research said The Exchange TRX which is slated to be open to the public tomorrow, is likely to be a direct competitor to Pavilion KL and Suria KLCC, given its location and target market of mid-to-high-end customers.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

OGX signs underwriting agreement
FBM KLCI extends winning streak, ringgit at one-week high
BP flags up to US$5bil in energy transition impairments, weak oil trading
Indonesia scraps plan to introduce B50 biodiesel this year, will raise palm oil export levy
Gold notches record high, silver cracks US$90 on Fed rate cut bets
Ninja Van Malaysia projects 5-10% growth in domestic parcel volumes in 2026
Guan Huat Seng Holdings IPO oversubscribed by 4.78 times
Maybank GWM financial assets hit RM565bil on Islamic wealth strong momentum
Trump tariffs in focus ahead of key US court decision
Asian stocks rise; FX lack direction on steady dollar, Fed rate-cut bets

Others Also Read