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Tuan Sing and Mitsubishi Estate to jointly develop luxury outlet mall in Indonesia

Felicia Tan
Felicia Tan3/22/2022 08:23 AM GMT+08  • 2 min read
Tuan Sing and Mitsubishi Estate to jointly develop luxury outlet mall in Indonesia
Photo of artist's impression of outlet mall: Tuan Sing and Mitsubishi Estate
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Tuan Sing Holdings and Mitsubishi Estate (MEC) will be teaming up to develop an international luxury outlet mall in Karawang, Indonesia.

The development will be undertaken by a 50:50 joint venture company (JVC), PT Karawang Outlet Mall. The JVC will also serve as the operator of the mall.

The mall will be named The Grand Outlet – East Jakarta, and will be developed on a nine-hectare site at the cost of around $90 million.

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