In today’s briefing:
- Japan Shopping Malls: More Proactive and Disciplined Post-Covid
Japan Shopping Malls: More Proactive and Disciplined Post-Covid
- Shopping malls are now trading at pre-pandemic levels again and developers and tenants alike are much more upbeat and optimistic about the future.
- The pandemic, alongside competition from e-commerce, has left its mark but this has mostly been a good thing, forcing more proactive management of malls.
- Profitability remains a concern but rents are up for some and more efficiencies are being introduced through digitisation.
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