Marina Bay Sands secures lease for 75% of its retail space

Marina Bay Sands has leased about 75 per cent of its retail space, or 225 units of the 300 stores at the Marina Bay Sands Shoppes.

The integrated resort provides over 800,000 square feet of retail and restaurant space.

Sands said about half of the total retail space will be ready by the first phase of its opening in early 2010. And 80 per cent of the stores that are due to open has already been leased.

Among them is luxury French fashion house Chanel. The label is boosting its presence in Southeast Asia with a new concept fashion boutique that will occupy 7,600 square feet over two floors of the Marina Bay Sands Shoppes.

It will be designed by New York-based architect Peter Marino, who is responsible for the interactive black-and-white signature design of Chanel’s boutiques worldwide.

Source : Channel NewsAsia – 19 Aug 2009

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