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Anonymous

03 Nov 2020

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With Robinsons closing after 162 years... What does this reflect of the direction of the SG economy? E-commerce is the way? Retail REITs might not be the best?

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This post is no longer accepting new comments because it has been merged with With the closure of Robinson, who will be taking over the areas? Who will be next? Metro left Centrepoint, OG closed down, Robinson down, etc... Wondering about the future retail REITs in Singapore?

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Discussion (1)

Andy Chan

30 Oct 2020

Not necessarily.

While E-commerce definitely shows promise, it does not mean that retail REITs are dying. If you frequent the malls, you'll see that:

There are still many people about shopping.
You still see new shops opening up. For example, blogshops who started out selling online, expanded to physical stores.

So I wouldn't say that retail REITs are dying. In the case of Robinson, and to add on: Forever 21, H&M, etc, it has more to do with their business strategy, or lack thereof.

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