Shanghai shopping malls poised for surge of new tenants chasing post-pandemic ‘revenge spending’ spree

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Shanghai shopping malls poised for surge of new tenants chasing post-pandemic ‘revenge spending’ spree - SCMP

Quick Summary:

Owners of shopping malls in Shanghai can expect a rebound in occupancy rates as retail and catering brands step up to tap a wave of revenge spending’ now China has abandoned its harsh Covid-19 pandemic curbs.

Owners of shopping malls in Shanghai can expect a rebound in occupancy rates as retail and catering brands step up to tap a wave of ‘revenge spending’, analysts said.