Is mall investment still an option?

#Investment in malls and shopping centres globally is often seen as a decreasing #value proposition as the worlds shopping tendencies shift toward online purchasing.

However Unibail-Rodamco-Westfield recent $537.5 million sale of the #Westfield Santa Anita mall in Los Angeles to Wen Shan Chang's Riderwood USA Inc may indicate otherwise.

https://www.latimes.com/business/story/2022-09-15/westfield-santa-anita-buyer-identified-as-real-estate-investor-wen-shan-chang

#shoppingcentres #investing #property #business #shopping #retail #indigo1