The Marina Mandarin Singapore and parts of the Marina Square complex are changing hands for S$675.3 million, under a deal last Friday involving firms linked to tycoon Wee Cho Yaw. United Industrial Corp (UIC) is buying out Finnegan Investments and Mackmoor, as well as mainboard-listed OUE. The whole Marina Square mall will then be owned jointly by UIC and parent UOL Group. UIC is coughing up that sum...
At Marina Square mall, The Maternity House has not made any sale for four days in a row. The store selling maternity wear, which has been a tenant there for more than 15 years, is not the only one bemoaning the sluggish business at the once-bustling downtown mall, which was in the news more than three years ago for having a rodent problem. Other shopkeepers such as MaxCoil Bedding Gallery also told...
Hit by a spate of problems in recent years — with major tenants leaving, rats scampering around its premises and slow footfall — Marina Square has now found itself embroiled in a new battle, as a legal tussle brews between the mall and a former tenant. Court papers obtained by TODAY showed that the mall’s operator, Marina Centre Holdings, has launched legal proceedings against Caerus Holding,...
THE closing of roads leading to the SingTel Singapore Grand Prix circuit has upset some shop and restaurant tenants at Suntec City and Marina Square. Many of the them told The Straits Times that business has nose-dived owing to the inconvenience following the road closure. Others blamed the slower economy. Several roads, such as Beach Road and Bras Basah Road, had sections closed since yesterday in...
Compare listings
Compare