"Greater KL will see the completion of 13 new malls in the next three years,adding at least 8.9 million sq ft to the market – more than half of which is to be completed this year in 2021."

"Increasing e-commerce opportunities are forcing retailers to improve by combining their offline and online strategies and taking an ‘Omni-Channel’ marketing approach in order to maximise the effectiveness of both. As a result, some retailers are looking to reduce their total rental space."

"In 2020, the Xi’an government promoted the integration of the cultural and tourism industry in the city, causing many retail projects to integrate cultural aspects to attract customers. These additions in commercial projects help meet demand for higher-level consumer experiences."

"Neighbourhood and large format centres have continued to perform well and a clear divergence between discretionary and non-discretionary centres has become apparent in both sales and leasing metrics."

"Right-sizing our retail space for the future."

"Retailers are ready to capitalise on a renewed sense of optimism."