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Illustration - One of the shopping center buildings in Jakarta./Bisnis.

Shopping Malls Brace for Tighter Competition, Economic Headwinds

Shopping centers that offer one-stop shopping facilities and a variety of tenants are likely to have a competitive edge.

Yanita Petriella
Yanita Petriella - Bisnis.com
Senin, 16 Desember 2024 | 17:38
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Bisnis, JAKARTA — The retail property market reported a 90 percent occupancy rate in Q3 2024. Yunus Karim, Head of Research at JLL Indonesia, believes shopping centers offering one-stop shopping facilities with diverse tenants benefit from the current market.

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