Leading travel retailers have secured space at Singapore Changi Airport after the landlord revealed tenants for 11 luxury leases at Terminal 3.

As reported, Changi Airport Group (CAG) was seeking ‘unique and exciting luxury brands and concepts […] to inject buzz and differentiate the retail offerings at Singapore Changi Airport’ having invited companies to register expressions of interest in the lots earlier this year.

The tranche of awards are split across two clusters and include a number of monobrand fashion outlets, together with retailer and brand joint ventures located at the Departure/Transit Lounge South.

DFS GAINS FURTHER GROUND

DFS Venture Singapore (Pte) Limited secured the largest lots at Concession K (Burberry; 135sq m) and at the conjoined Concessions I (123 sqm) and J (124sq m) for Gucci.

Earlier this month, DFS extended its revered liquor concessions at the airport for a further two years, beginning in 2020.

Meanwhile, Lagardère Travel Retail picked up Concession A (Longchamp; 26sq m), King Power International Pte. Ltd. won Concession B (Furla; 41sq m) and The Nuance Group (Singapore) Pte. Ltd. was victorious in Concession C (MCM; 62sq m).

Directly operated brand outlets cover Bottega Veneta Singapore Private Limited at Concession D (86 sqm); Saint Laurent (Singapore) Pte. Ltd. at Concession E (100sq m); Tiffany & Co. Pte. Ltd. at Concession F (103sq m); Prada Singapore Pte. Ltd. at Concession G (112sq m); and Hugo Boss South East Asia Pte. Ltd. at Concession H (115sq m).

All tenancies run for three years with various commencement dates (see above) with no renewal option.

TRBusiness has reached out to CAG for comment.

All images courtesy of Changi Airport Group.