SUBSCRIBERS

Suburban malls doing better than those in central region; FCT among top picks: OCBC

Published Thu, Nov 12, 2020 · 09:50 PM

Singapore

SUBURBAN malls are outperforming those located elsewhere even as online shopping gains in popularity, OCBC says.

In a commentary on Singapore retail real estate investment trusts (Reits), OCBC credit analyst Seow Zhi Qi noted that online sales rose to a high of S$479 million in June to account for 18.7 per cent of total sales.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here