Shopping malls experienced year of decline and stagnation: CBRE

Turnover of shopping centers in no month after the outbreak of the pandemic did not approach the previous year's value, and at the best times, 80-90 percent of customers returned to the facilities. Investors put the brake on – this is the balance of shopping centers in 2020. CBRE experts indicate that after the period of negotiating contracts and limiting expansion, it is time to optimize the sales network and rents. The industry is waiting for the reopening of shopping centers in February 2020.