This company doesn’t need much introduction.
Mapletree Commercial Trust (SGX: N2IU) is a major Singapore REIT with a market cap of S$6.8 billion. It owns the biggest shopping mall in Singapore — VivoCity.
Located at the heart of HarbourFront Precinct, VivoCity is the gateway to Sentosa, a famous getaway destination for tourists and locals.
What’s impressive about VivoCity is it’s jam-packed with retail outlets, with a total 352 leases — from fashion to electronics and food, all under one roof.
Staying one step ahead
But the management team always brings the mall’s retail experience one step ahead.
VivoCity is turning some of its retail spaces into “concept” stores.
For example, the mall recently reported that Adidas (ETR: ADS) Original doubled its retail footprint on Basement One of the mall.
The sports apparel giant brings in some of its most extensive collections of sneakers. And this outlet is Adidas’ largest flagship store in Southeast Asia....
