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Positive trends are increasingly noticeable in the retail sector. With foot traffic steadily improving, many mall owners are gearing up to optimise their operations and facilities. Nevertheless, landlords must carefully curate the tenancy mix to ensure their malls remain competitive. To find out more about retail market in Jakarta, download and read Colliers Quarterly Property Market Q2 2024 Report | Jakarta Retail through this link: https://ow.ly/zzkt50SRV9G To discuss more about retail market in Indonesia, please reach out to our #experts, Sander Halsema and Ferry Salanto. #ColliersIndonesia #AccelerateSuccess

What Happened with 2023 Indonesia's Retail Scene? Here's the Report Hello everyone, it's me, Herbandhu. Finally, after several months collecting this data alone, finally here is the summary of what happened in Indonesia's retail scene during 2023. How do I do? I search in every single shopping mall social media (all over Indonesia's mall), visiting shopping malls in several area such as Jakarta, Bali, Bandung, Semarang, Karawang, Jogja, Solo, Bali, Malang, Surabaya, and others to see about what's happening. Here's the main insight: - A lot of international retailers are eyeing Indonesia's market. Especially for the beauty industry and food beverage which are growing really enormous. But they face difficulty due to regulation (esp beauty and fragrance) - People are preferring to do other activities rather than shopping in a shopping mall (gym, having a community event, class, hanging out, work from a cafe, playing billiard, and many more). - Jakarta is still dominating the industries, followed by Surabaya and Bali. But as IKN is still developing, the development is shifting towards Kalimantan. - From 2023, Indonesia is finally having outlet mall like The Grand Outlet and Summarecon Villagio Karawang which surely shifting our retail industry. Please leave your comments, opinion about Indonesia's retail scene (Anyway, I work with Rosyad Wafa as the designer for making this annual report happen, thank you for my teammate!) #IndoensiaRetailReport #RetailInsight #RetailResearch #IndonesiaRetail #EconomyIndonesia #RetailIndonesia

The resurgence of shopping activity, particularly during festive periods, is gradually sending a positive signal to mall owners in Surabaya. Currently, landlords are focusing on enhancing the tenancy mix to create a more appealing shopping environment. In response to these efforts, some brands recognise improved opportunities to expand their presence. To find out more about retail market in Surabaya, download and read Colliers Quarterly Property Market H1 2024 Report | Surabaya Retail through this link: https://ow.ly/GrmY50Tv1Ua If you want to discuss more about retail market in Indonesia, please reach out to our #experts, Sander Halsema and Ferry Salanto. #ColliersIndonesia

Despite the improving retail market conditions in Jakarta and Surabaya, mall owners remain cautious about raising rental prices. According to Ferry Salanto, Head of Research Colliers Indonesia, mall owners are prioritizing service enhancements to attract more visitors, rather than increasing rental rates. To read the full article, please click the following link: https://ow.ly/RN3450TwSZo To understand more about retail market in Indonesia, please connect with our experts, Sander Halsema and Ferry Salanto. Subscribe to our mailing list for updates on Colliers Indonesia reports, insights, and recommendations: https://ow.ly/NyFJ50TwSZn #ColliersIndonesia #NewsArticle

PT. Tritanu HUB’s Indonesia is here to elevate your shopping experience! 🌟 See the amazing results at O! Sava Bintara Branch and look forward to more store transformations. Stay tuned for more updates! 🛠️ #RetailExcellence #CustomerDelight #ShopBetter #RetailInnovation #RetailRevamp #CustomerExperience #RetailTransformation #ShopSmart #RetailUpgrade #EfficientShopping #RetailDesign #FutureOfRetail #StoreMakeover #RetailProjects #TransformationTuesday

Planning for your brand to enter Indonesia? Join FLA (Singapore) on a 1-day market visit to learn more. Objective: Facilitate market understanding to prepare & minimize pitfalls of Singapore companies entering Indonesia market. Local Shopping Mall Visits (to hear from landlords) - Insights on leasing terms/regulations for international brands - Business practices in Indonesia - Brand selection criteria - Opportunities and trends, etc. Sharing by successful multi-outlet brands in-market: -To understand possible challenges (and how these brands overcame) - Local strategies/business formats - Key success factors - Marketing channels/promotion mechanics, etc Programme fee: $600/representative Logistics expenses (est): $100/night @ The Sultan Hotel Jakarta + $161 (Scoot TR 279 depart Jakarta 7.55pm on 19 Aug) Registration form: https://lnkd.in/gXU7hMkb... Franchising and Licensing Association (Singapore) Xidan (+65 87329543) xidan@flasingapore.org #Business #Opportunities #IFRA2024 #Indonesia #Jakarta #Market #Malls #visiting

Sarinah Will Open a Store in the PANI Project   JAKARTA. The state-owned retail company, PT Sarinah (Persero), collaborates with PT Pantai Indah Kapuk Dua Tbk. (PANI) in developing its newest outlet. In this collaboration, Sarinah will open a retail outlet in the Batavia area of Pantai Indah Kapuk (PIK) 2, North Jakarta. President Director of PT Sarinah (Persero) Fetty Kwartati said that his party would open a new outlet at PIK 2 covering an area of 300 square meters. The investment value is a joint participation between Sarinah and the property issuer from the Agung Sedayu Group (ASG). Sarinah targets that this new outlet can contribute revenue is around 5%-10% of Sarinah's total retail sales. "This outlet is expected to contribute around 5%-10% of Sarinah's retail sales, but not the company's overall revenue," said Fetty to KONTAN, Sunday (29/9). Unfortunately, Fetty is not yet willing to mention details of the amount of investment required to open the outlet at PIK 2. Christy Grassela, Corporate Secretary & Shareholder Relations of PANI confirmed that there had been discussions with Sarinah regarding plans to expand its outlets in the PIK 2 area. "It's true that Sarinah have contacted the Agung Sedayu Group team and expressed interest in working on business opportunities at our project location, especially at PIK," he said to KONTAN, Sunday (29/9). He added that Agung Sedayu also saw the opportunity for this collaboration well. PANI also continues to study these business opportunities. PIK 2 has been designated as PSN with an investment of IDR 65 trillion. "The development of the discussion has not yet reached the decision stage, it is still in the exploration stage. Please give both parties time to discuss further," he explained. As additional information, the PIK 2 area was designated as a national strategic project (PSN) in March 2024 by the Coordinating Ministry for Economic Affairs, together with Bumi Serpong Damai (BSD). Meanwhile, PSN's investment value in PIK 2 is estimated to reach IDR 65 trillion with a target of absorbing 6,235 direct workers. Peluang #investasi dan pengembangan #properti yang saling menguntungkan: Hubungi kami : +62 811-8506-660 project@nusadev.com https://lnkd.in/g3KdMqT #propertybusiness #propertydevelopment #propertyinvesting #NusantaraDᴇᴠᴇʟᴏᴩᴍᴇɴᴛs #renovasiproperti #properti #renovasigudang #kontraktor #gudang #pergudangan #konstruksi 

DISCOVER JAKARTA: A DEVELOPER'S PARADISE IN INDONESIA Jakarta, the vibrant capital of Indonesia, is a city where modernity meets rich cultural heritage. For developers in the civic-social-organization industry, Jakarta offers an unparalleled blend of innovation and tradition, making it a hotspot for tech enthusiasts and social innovators alike. WHY JAKARTA? Jakarta's bustling markets, historical sites like the National Monument and Old Town, and world-class shopping malls provide endless entertainment. The city's diverse cuisine, featuring street food and high-end restaurants, is a culinary delight. Whether you're exploring the city's attractions or enjoying outdoor activities, Jakarta has something for everyone. CULTURAL AND HISTORICAL INSIGHTS For art and history enthusiasts, Jakarta is a treasure trove. The city's numerous museums, such as the Jakarta History Museum and the National Museum, offer deep insights into Indonesia's rich past and diverse cultures. Traditional art performances like Wayang puppet shows and traditional dance can be enjoyed at various cultural centers. NATURE AND RECREATION Despite its urban sprawl, Jakarta boasts several green spaces and parks, such as Taman Mini Indonesia Indah and Ragunan Zoo. The Thousand Islands, located just a short boat ride from the city, offer pristine beaches and clear waters, perfect for a day trip or weekend getaway. These islands provide a peaceful escape from the city's hustle and bustle, with opportunities for snorkeling, diving, and other water sports. SHOPPING EXTRAVAGANZA Shopping enthusiasts will be delighted by Jakarta's vast array of shopping experiences. From high-end malls like Plaza Indonesia and Grand Indonesia to bustling traditional markets like Pasar Baru and Tanah Abang, the city caters to all tastes and budgets. Whether you're looking for luxury brands, local crafts, or unique souvenirs, Jakarta's shopping scene has something for everyone. Ready to explore Jakarta and see how this dynamic city can inspire your next project? Register here to join our upcoming event and dive into the heart of Indonesia's tech and cultural scene! Register here Let's connect and share our experiences! #Jakarta #Indonesia #TechInnovation #CivicTech #SocialImpact

STATE OF MIND's approach of creating immersive brand experiences resonates well with Asian consumers, emphasizing the importance of experiential marketing strategies. STATE OF MIND acknowledges the unique preferences of Asian consumers for fragrances that are more personal and storytelling-oriented. This insight is crucial for niche fragrance brands looking to expand their brand's global presence and tailor products to specific regional demands.