Demand for experiential activities spurs mall innovations in PH, and other stories
For PropertyGuru’s news roundup, Philippine mall operators and retailers innovate and expand their offerings as the demand for physical experiences remains strong. In other news, explore the benefits and drawbacks of renting out a room and becoming a landlord in India. Lastly, Dubai announced a significant ban on single-use plastics to promote sustainability and reduce environmental impact.
Demand for physical experiences spurs innovation in PH malls — experts
Despite consumers cutting down on expenses, the demand for physical experiences remains strong, driving Philippine mall operators and retailers to innovate and expand their offerings, according to industry players. Amid the e-commerce boom, Fisher Mall has been catering to the demand for “experiential” dining and entertainment in its malls, Fisher Mall Group of Companies President Robert Raymond B. del Rosario said in an interview with BusinessWorld. “We’ve noticed that people are cutting down on expenses, but they’re still after that physical experience,” he said. Mallers Investments Corp. operates Fisher Mall, which has two branches in Metro Manila — one in Quezon City and another in Malabon City.
A landlord’s guide to renting out a room in your house in India
In India, renting out a room in your house can be a practical solution to generate extra income, make use of unused space, and even enjoy the company of a tenant. Whether you’re new to being a landlord or exploring ways to optimize your property, renting a room comes with its own set of opportunities and challenges. However, this decision requires careful planning, an understanding of legalities, and a clear strategy to find the right tenant. Housing.com explores the benefits and drawbacks of renting out a room, walks you through the process step-by-step, and helps you decide if it’s the right choice for you.
All about Dubai’s ban on single-use plastic
Dubai announced a significant ban on single-use plastics to promote sustainability and reduce environmental impact. This initiative, which will unfold over several phases, aims to transform the emirate’s approach to waste management and encourage a more eco-friendly lifestyle among residents and visitors alike. MyBayut explores the ban’s implications, the timeline for implementation, and what alternatives will be available to consumers and businesses after Dubai bans single-use plastic.
The Property Report editors wrote this article. For more information, email: [email protected].
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