Tenant Turnover in Shopping Centers Up by 4.3% in 2024

In 2024, tenant turnover in shopping centres was 4.3 percent higher than in 2023. In the last two months of the previous year, turnover increased by 7.4 percent in November and 6.3 percent in December compared to the corresponding months in 2023.

The average annual turnover increased across all categories of retail schemes. The best performance in 2024 was recorded by medium-sized centres (20,000-40,000 sqm GLA), where turnover…