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COVID-19 Impact on Shopping Malls Globally

February 2021 | 33 pages | ID: C1F93C02D478EN

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COVID-19 Impact on Shopping Malls Globally


The COVID-19 outbreak has been the biggest disruption in the history of property owners, especially shopping malls. However, the severity of the pandemic was felt by different mall owners on varying levels depending on the type and scale of malls, from premium and flagship malls, to budget and local malls

  • Consumers spending on high-quality, yet affordable goods will support local and budget malls’ sales growth
  • Increased pressure from rental relaxations had led several mall owners to file for bankruptcy protection
  • Mall owners are embracing percentage-based lease option and leasing space to pop-up stores for recovery
  • Shopping malls are transforming into places that host a mix of retail and non-retail experiences
  • This report provides analysis, Issues & Trends For Shopping Malls Following the Impact of the Global COVID-19 Pandemic
Executive Summary
Hot Issues:
Closure and Bankruptcy of Stores
Restructuring of Lease and Rental Agreements
Diversifying Tenant Portfolios
Impact of COVID 19 on Different Types of Malls
Geographical Analysis
Case Studies
Change of Tenant Mix
Virtual Malls
Curbside Pickup
Community Support
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