Friday, September 11, 2009

Significant Momentum for Marina Bay Sands Shoppes

Singapore’s premier retail destination seen as desirable location for top brands

Marina Bay Sands™, the region’s premier integrated entertainment destination is gaining significant momentum on the retail leasing front. The company announced to the Singapore Retail Industry Conference that it has secured commercial terms for close to 80 percent of its mall.

Marina Bay Sands’ retail mall, Marina Bay Sands Shoppes®, will open 50 percent of total retail space in the first phase in early 2010. Luxury French fashion house CHANEL, renowned jeweller Tiffany & Co.and Singapore-based retail group F J Benjamin recently announced that they will have a presence at Singapore’s new premier retail destination.

Mr. David Sylvester, Vice President Retail Asia, Las Vegas Sands Corp, said “Our retail leasingmo mentum has picked up considerably and we enjoy enthusiastic responses from retail tenants from all over the world. Both luxury brands and up and coming designers appreciate our prime location in the heart of the Central Business District which targets the well-heeled shopper. We believe the integrated resort concept also will bring value to their businesses overall. These differentiators, backed by our deep insights into Asia’s retail scene, will elevate Singapore’s status as a retail hub and attract even more brands.”

Marina Bay Sands Shoppes® is the principal sponsor of the Singapore Retail Industry Conference this year.

With over 800,000 square feet of retail and restaurant space, Marina Bay Sands Shoppes will be a dream destination of shoppers from across the world. We will offer over 300 stores in a refreshing mix of international luxury brands and cutting-edge and emerging labels new to Singapore, as well as innovative entertainment including boat rides on an indoor canal. Shoppers can indulge in cuisines from across the globe – from cosmopolitan cafes to world-class dining to restaurants helmed by Celebrity Chefs.

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