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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