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Interview: Shoppers are coming back to malls, and rents are rising too
Manage episode 435624537 series 3375277
Westfield operator Scentre Group this week outlined a strong result across its 42 malls, more than doubling first half net profit. Customer visits are up significantly, and the group is now striking leasing deals with retailers at levels above their previous rents.
Juliette Saly from Ausbiz speaks with Scentre Group CEO Elliott Rusanow about the results, about repurposing mall space previously used by David Jones, and the lasting impacts of the Westfield Bondi stabbing attacks.
Ausbiz is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups. Sign up at ausbiz.com.au - it's free.
Find out more: https://fearandgreed.com.au
See omnystudio.com/listener for privacy information.
3586 episodes
Manage episode 435624537 series 3375277
Westfield operator Scentre Group this week outlined a strong result across its 42 malls, more than doubling first half net profit. Customer visits are up significantly, and the group is now striking leasing deals with retailers at levels above their previous rents.
Juliette Saly from Ausbiz speaks with Scentre Group CEO Elliott Rusanow about the results, about repurposing mall space previously used by David Jones, and the lasting impacts of the Westfield Bondi stabbing attacks.
Ausbiz is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups. Sign up at ausbiz.com.au - it's free.
Find out more: https://fearandgreed.com.au
See omnystudio.com/listener for privacy information.
3586 episodes
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