Simon Property invests in Southeast Asia

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13 November 2018 à 10h56

Updated on 10 May 2019 à 16h38

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1 minute

Publication: 13 November 2018 à 10h56, Updated on 10 May 2019 à 16h38

Reading time: 1 minute

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Publication

13 November 2018 à 10h56

Updated on 10 May 2019 à 16h38

Reading time

1 minute

Publication: 13 November 2018 à 10h56, Updated on 10 May 2019 à 16h38

Reading time: 1 minute

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US-based shopping mall operator Simon Property is planning expansion of the outlet malls format into the Southeast Asian market. The company has run an outlet in Malaysia’s Johor since 2011, and opened a new property in Genting Highlands, near Kuala Lumpur in 2017. The first premium outlets in Thailand will open in Bangkok by the end of 2019, in collaboration with local property developer Siam Piwat, which will invest US$123 million in the intial units.

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