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Upcoming Malls in Indonesia 2011
The article gives a rare insight on the new up and coming shopping malls in Jakarta, Surabaya and Makasar (Sulawesi) in 2010 and 2011. The Indonesioan government is currently encouraging retailers to go to Sulawesi. Overseas retailers (fashion, FMCG & food) who wants to enter the Indonesian retail market would find this article useful as it touches on the new retail brands in Indonesia, locations, tenant mix and rental rates. In indonesia, rental deposits for retail outlets are normally 3-6 months, depending on the shopping centres.
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