Jul 12, 2022
ARA Asset Management Ltd is a real estate colossus with decades of experience behind them in the broader Asian region; with a keen business interest in redeveloping retail malls. Their foray into Malaysia began with 1 Mont Kiara, expanding to include Citta Mall, AEON Melaka, Klang Parade and Ipoh Parade.
Malaysia was already replete with news of beautifully constructed, yet poorly managed shopping venues that do not meet the needs of the community they serve, thus explaining the lack of enthusiasm amongst prospective investors.
ARA noticed this trend among lacklustre malls, where insufficient attention was given to context, with ARA subsequently making the wise choice in commissioning architects well known for their pragmatic approach.
As part of Orchan’s strategy to highlight the credibility and long term desire to establish their presence in Malaysia; our focus shifted to exploring the partners and understanding the philosophy behind their intentions, especially design-related.
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