PETALING JAYA: Pavilion Real Estate Investment Trust
(Pavilion-REIT) expects retail sales to normalise moving forward, due to moderation in spending after a robust recovery in 2022 as well as concerns of the higher cost of living.
In a filing with Bursa Malaysia, Pavilion-REIT said it expects malls to continue to elevate the retail mix, create immersive experiences and encourage shoppers’ interaction with targeted campaigns.
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