Interview: Shoppers are coming back to malls, and rents are rising too
FEAR & GREED | Business News · Fear and Greed
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Show Notes
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.
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