KUALA LUMPUR: Seibu Departmental Store, the Japanese retail company and anchor tenant in the retail component of The Exchange TRX, is set to open its door in the second half (2H) of 2021.
Sogo Group of Companies group managing director Datuk Alfred Cheng said the company has already received interest from various luxury brands to locate their products in the mall.
“Along the way, we have started to talking with international retailers brands to come in.
“I must say that the response has been fantastic but I am unable to share names cause its a bit too early.
“This would be the store with the most number of international luxury brands and new brands that you have not seen in any store in Malaysia,” he told reporters during a briefing here today.
He said 400 to 500 brands are estimated to occupy the retail space, with 100 new brands.
Sogo is the franchise holder of Japanese Sogo & Seibu Co Ltd in Malaysia.
The Japanese retail company operates four retail franchises — Loft, Robinson Department Store, Sogo, and Seibu Department Stores.
Seibu at The Exchange TRX, which spans over more than 250,000 sq ft of retail space over four levels will be introducing the first luxury fashion department store in Malaysia.
Construction of The Exchange TRX has been ongoing for the past one and a half year, and once completed, will be managed by Lendlease Malaysia.
The Exchange TRX is a 17-acre lifestyle epicentre of Kuala Lumpur’s international financial and business hub - Tun Razak Exchange.
Lendlease is developing The Exchange TRX, through a joint venture with TRX City Sdn Bhd, a wholly owned subsidiary of the Ministry of Finance and is Lendlease’s largest integrated development in Asia.
The project comprises a large-scale retail destination, six residential towers, a hotel, office, and a 10-acre rooftop city park, the first of its scale in Kuala Lumpur in over two decades.