Nuveen Real Estate has seven outlet malls in its portfolio, including the Florentia Village located in Kwai Chung. Photo: SCMP Handout
China’s outlet mall boom is proving immune to the online shopping threat, and more investment funds are taking a look
- Price discounts combined with the ‘weekend leisure destination’ concept have helped fuel the rise of outlet malls, while other brick and mortar retailers struggle
- Outlet malls seen as attractive physical assets for developers and private equity
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Retail properties
Nuveen Real Estate has seven outlet malls in its portfolio, including the Florentia Village located in Kwai Chung. Photo: SCMP Handout