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China is looking to consumption as a key driver for future economic growth. The retail real estate world is facing headwinds from large volumes of new supply, the rise of e-commerce, and slower economic growth. The significance of online shopping was underscored by Alibaba's IPO in September 2014. Shopping centers have been facing fierce competition and they are looking at ways to future-proof themselves against the changing industry. Meanwhile, retailers still see opportunity in the market. What does this mean for retailers, developers, and investors?
Amcham China and Australian Chamber invite key consultants from the real estate industry to share their views on what's ahead for the shopping center world.
Main topics of discussion for the group:
- Is there an oversupply problem with retail real estate?
- What has changed in the luxury industry in China in recent times?
- How retailers are thinking about expansion in China
- The rise of suburban mega-malls to serve the new middle class consumer
- How shopping centers can deal with the rise of e-commerce
Main topics of discussion for the group:
- Is there an oversupply problem with retail real estate?
- What has changed in the luxury industry in China in recent times?
- How retailers are thinking about expansion in China
- The rise of suburban mega-malls to serve the new middle class consumer
- How shopping centers can deal with the rise of e-commerce
