Jakarta Retail Market Report - Colliers International
Jakarta Retail Market Report - Colliers International
Jakarta Retail Market Report - Colliers International
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shopping centres<br />
name<br />
location region retailers line of business status<br />
continuation<br />
Mall taman anggrek S. Parman West jakarta the Little things She Needs Shoes, Bags and accessories Open<br />
Erafone Megastore Gadget and Electronics Open<br />
X.to.X Plus Fashion Open<br />
Babara Shoes, Bags and accessories Open<br />
tony & Moly Beauty and Health Care Open<br />
Citraland Daan Mogot West jakarta Gallop Fashion Fitting Out<br />
Samsung Electronics Fitting Out<br />
tX travel Others Fitting Out<br />
Central Park S. Parman West jakarta the Coffee Bean and tea Leaf Food and Beverages Open<br />
armani jeans Fashion Open<br />
Hugo Boss Fashion Fitting Out<br />
Furla Shoes, Bags and accessories Open<br />
Bose Gadget and Electronics Open<br />
Class room Shoes, Bags and accessories Open<br />
Pizza e Birra Food and Beverages Fitting Out<br />
Black Canyon Coffee Food and Beverages Fitting Out<br />
Play House Land kids, Hobbies and toys Opening Soon<br />
Mall artha Gading kelapa Gading North jakarta Optik Melawai Optical, jewellery and Watches Fitting Out<br />
Graha Cijantung Cijantung East jakarta Inul Vizta Entertainment Open<br />
list of new tenants during 2q 2012<br />
bodetabek<br />
the occupancy rate in the Bodetabek area is<br />
relatively stagnant at 86.3%. Overall, the retail<br />
market in Bodetabek saw both leasing activities<br />
and leasing terminations keeping the occupancy<br />
rate the same. the closure of several stores in<br />
some retail centres in Serpong, tangerang has<br />
brought more vacant space. tenants like beauty,<br />
health and personal care, tour and travel, and<br />
money changers ceased operations at the mall<br />
which is located in Serpong main road. Business<br />
competition among retailers has pushed several<br />
tenants to move out of the shopping centre.<br />
again, due to tight competition, several retailers<br />
in a shopping centre located in the BSD,<br />
tangerang could not survive and have vacated<br />
their premises. to anticipate further vacancy,<br />
the landlord tried to approach owners of store<br />
jakarta | 2q 2012 | retail<br />
<strong>Colliers</strong> <strong>International</strong> Indonesia - research<br />
units that have been purchased to convince<br />
them to lease the units like retail space (like a<br />
mall) and finding lessees for the space. after<br />
three to five years of operations, the landlord<br />
will return the units to the unit owner. Such<br />
strategy is expected to save the whole premises<br />
from becoming vacant and will boost the<br />
landlord’s reputation.<br />
apart from a declining trend in occupancy,<br />
some leasing activities helped to fuel the overall<br />
performance in the Debotabek area. Living<br />
World, which is located in alam Sutera,<br />
tangerang has increased its occupancy after<br />
one year of operations. Currently the remaining<br />
vacant space is only 20% of the total leasable<br />
area.<br />
shopping centres<br />
name<br />
location region retailers line of business status<br />
Living World alam Sutera tangerang Bebek tepi Sawah Food and Beverages Fitting Out<br />
<strong>Colliers</strong> <strong>International</strong> Indonesia - research<br />
colliers international | p. 7
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