Simon And Genting Open Johor Premium Outlets
INDIANAPOLIS, Dec. 2, 2011 /PRNewswire by way of COMTEX/ —
Simon Property Group, Inc. (NYSE: SPG), the nation’s largest proprietor, developer and supervisor of top quality retail actual estate introduced as we speak that, in 50/50 partnership with Genting Berhad, it has opened Johor Premium Retailers, its first Premium Outlet Center® in Southeast Asia. The center encompasses 173,000 sq. ft of gross leasable space (GLA) featuring eighty stores and is strategically positioned in Johor Bahur, Malaysia. Johor Premium Outlets is close to Senai Airport and lower than an hour’s drive from the city heart of Singapore and about three hours from Kuala Lumpur. A grand opening celebration will take place on December eleven, 2011 to be officiated by the Prime Minister of Malaysia, YAB Dato’ Seri Mohd Najib Bin Tun Hj Abdul Razak.
Johor Premium Outlets introduces the concept of upscale outlet buying to Southeast Asia. The collection of merchants highlights international designers and main brands providing on a regular basis financial savings of 25 to 65 p.c including Adidas, Armani, Brooks Brothers, Burberry, Canali, Coach, Esprit, Ermenegildo Zegna, Gap, Guess, Lacoste, Michael Kors, Nike, Oroton, Ralph Lauren, Royal Selangor, Salvatore Ferragamo, Swiss Watch Gallery, Timberland, Tommy Hilfiger, Tumi and many more.
“We are very happy to announce the opening of Johor Premium Outlets,” mentioned John R. Klein, President of Simon’s Premium Outlets® platform. “The gathering of brands and overall buying atmosphere will present an upscale purchasing expertise while providing important savings to space residents and guests. We now have welcomed consumers from Malaysia and Singapore to lots of our centers and we are happy to now be able to serve these valued customers nearer to home. The center could have wonderful synergies with Resorts World Genting in Genting Highlands and Resorts World Sentosa in Singapore.”
The Premium Outlets portfolio salvatore ferragamo online store france includes 70 Premium Outlet Centers together with 57 within the United States, one in Puerto Rico, eight in Japan, two in South Korea, one in Malaysia and one in Mexico. Premium Outlet Centers in the United States are located primarily in or close to major metropolitan markets comparable to New York, Los Angeles, Boston and Chicago and visitor markets comparable to Orlando and Palm Springs. Leading centers salvatore ferragamo online store france embrace Woodbury Widespread Premium Retailers, north of latest York City, and Gotemba Premium Shops, near Tokyo, Japan.
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