Customers empty wallets in top malls

Original article by Robert Harley
The Australian Financial Review – Page: 33 : 18-Mar-16

Australian consumers like to shop in big shopping centres. The 2015 annual "Big Guns" survey by "Shopping Centre News" shows that Chadstone in Melbourne recorded retail spending of more than $A1.4 billion in 2015. Michael Lloyd, of "Shopping Centre News", expects all the biggest 10 centres to generate turnover in excess of $A1 billion by 2020.

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GANDEL GROUP HOLDINGS LIMITED, VICINITY CENTRES – ASX VCX, SCENTRE GROUP – ASX SCG, MIRVAC GROUP – ASX MGR, WESTFIELD CORPORATION – ASX WFD

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