In a New Market Entrants survey conducted by CBRE, Hong Kong tops the charts globally as the best potential country for business – followed by Tokyo, Singapore, Beijing and Taipei in Asia. However, many have noted that expansion in retail will only occur cautiously, where 70% of retailers will look to open no more than 10 stores due to the disruptions in the industry. While mall closures are increasing, repurposing the properties has been the key outlook for owners and developers due to the land’s accessibility and high traffic.
The evolution of shopping malls is turning to market data analysis for an experiential space that focuses on re-seeding and transforming facilities.
Join us as we welcome the industry’s thought leaders at the Pullman Hotel, Kuala Lumpa over 25-26 April.
For further information click here. This event is sponsored by Yardi.