Consumption story driving growth for mall operators, warehousing
The agency projects the rental income for mall operators to increase by 9-10% year-on-year (YoY) in FY24 and a slightly lower 8-9% in FY25.
mall operators
February 2024
December 2023
Mall operators' rental income up 9-10% in FY24
The optimism is driven by healthy occupancy levels, estimated growth in trading values and rental escalations.
