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Investment EMPORIA @ SHAH ALAM, A new shopping mall in Monfort Glenmarie

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CMW123
post Feb 26 2014, 02:07 PM

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Who want to bet on their commitment on running a mall?
CMW123
post Feb 26 2014, 05:47 PM

Look at all my stars!!
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QUOTE(accetera @ Feb 26 2014, 04:23 PM)
Commitment? Outsource to retail consultants lor...
*
Boss, if it's 1million sf, assume that they will not sell the units

The commitment is on the guts to commit to the huge sum of financing, expose to no billing/collection during construction until the tenants start paying their first rental, commit to marketing fund to market the mall prior to collecting any rental, expose to servicing the loan interest for ever until the mall is sold, commit to holding the baby until the mall become operational profitable.....the mere thought of the high risk & huge exposure is quite enough to kill if here is no commitment to see it through...

So far only IGB, Sunway, SP Setia, Tropicana, MCT etc etc have demonstrated these commitment. Some along the way also offload the mall to REIT to cash out so as to reduce the commitment


CMW123
post Aug 11 2014, 09:21 PM

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Can start to buy titijaya shares liao

 

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