REITS
Retail therapy makes mall owners feel good
Retail-focused Reits, badly burnt during the pandemic, could see a further earnings rebound despite talk of a global recession
18 August 2022 - 05:00
By all accounts, inflation and interest rate spikes haven’t yet eaten into consumer spending in many parts of the world. And some say the recovery still has legs, given the extent to which two years of on-off lockdowns have deprived shoppers of retail therapy.
Retailers certainly seem to be banking on a continued consumer rebound, judging by how many are still looking to expand existing stores and roll out new ones — both in SA and Europe...
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