Mall leasing remains subdued; international brands opt for existing spaces amid delayed new developments

Trends suggest that leasing activity in malls remained relatively low, constituting just 32% of the total leasing volume. The lack of new mall supply in Q3-2024, with no fresh mall commencements, contributed to this subdued leasing activity.

Nov 9, 2024 - 14:24
 0  2
Mall leasing remains subdued; international brands opt for existing spaces amid delayed new developments
Trends suggest that leasing activity in malls remained relatively low, constituting just 32% of the total leasing volume. The lack of new mall supply in Q3-2024, with no fresh mall commencements, contributed to this subdued leasing activity.

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