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Asia Pacific retail market dynamics Q3 2024
Tuesday, 3rd December 2024
Source : Jones Lang LaSalle (JLL)

Prime locations maintaining appeal despite economic headwinds.

Highlights from the report include:

Demand in major APAC markets remains resilient, with visitor spending still a key driver of retail activity in many areas.
 
Fashion brands, lifestyle, and affordable F&B concepts drive leasing activity, with international retailers maintaining strong interest in prime retail areas frequented by tourists.
 
Prime shopping centre rents increased for the sixth consecutive quarter, with more markets recording growth, underscoring the sector's adaptability to changing economic conditions.

Read the full report here

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