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OtherPatrick LauFri 02 Dec 22

[+] Hey Big Spender: Luxury Retail Hunts for CBD Space

TUD+ MEMBER CONTENT
[+] luxury retail
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High-end fashion and jewellery brands are hunting in packs, desperately seeking CBD retail space and providing asset owners with a recession-proof tenant.

The market is hot on both sides for luxury brand tenancies, according to industry players, with the category defying Covid-19 lockdowns and reduced footfalls.

Despite negative economic indicators, luxury brands such as Louis Vuitton, Ortega, and Chanel, are moving in packs as they search desperately for significant CBD sites.

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Patrick Lau
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Article originally posted at: https://www.theurbandeveloper.com/articles/luxury-retail-chanel-cartier-cbd-development