Here is an interesting article from Bloomberg this morning that goes into detail the plight of Chinese Malls forgoing rents for top names like Zara and H&M in order to continue to attract crowds to the malls. [Article here]
Much names were mentioned including Capitamalls.
Of particular interest is CapitaRetailChina because I thought its performance have been good since IPO. Its been able to consistently improve its DPU.
Testing times but this is where we assess the management’s handy work