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Mitsubishi Estate takes on Simon Property in Indonesian outlet malls

After collaborating in Japan, property giants now pursue separate development projects

The Grand Outlet currently houses about 120 shops, featuring international brands such as Coach, Nike and Adidas, and the number will increase to 150 in the future. (Photo by Tomoyoshi Oshikiri)

JAKARTA -- Indonesia is experiencing a wave of construction of large outlet malls.

Japanese property developer Mitsubishi Estate opened The Grand Outlet in Karawang, a city east of Jakarta, on July 17. Simon Property Group, based in the U.S., will open an outlet mall near Jakarta in 2025. The two companies, which previously joined hands for outlet mall projects in Japan, are now competing in Indonesia. 

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