"Consumer confidence remains suppressed, however, a fall in spend hasn’t been homogeneous across all retail segments, highlighting strong resilience in the grocery sector"

"Rising availability despite new openings in the West End"

"While China’s retail market was heavily impacted by the outbreak of COVID-19 in Q1/2020, the market has steadily recovered. According to eMarketer, retail sales are forecast to reach USD5.2 trillion for the full year 2020, making it the largest consumer market in the world."

"The retail market in Jakarta got off to a slow start in 2020 after a strong rebound last year. The situation deteriorated further with COVID-19 which pushed the government to impose strict social distancing rules in Jakarta."

"Amid the economic hardship, retail rents counter-intuitively experienced solid growth. Much of this, however, was driven by the availability of previously unattainable prime assets - paradoxically boosting listed rents. Going forward, asset location will be critical, whilst early adaptors to the new landscape are likely to become successful retailers."