After my recent post for Silverlake Axis AGM, I managed to go for Starhill Global REIT AGM too! :)
Man, the turnout was crazy, they ran out of handsets and bags, and had to add chairs to the venue. Thankfully, there's a $20 Wisma Atra voucher.
Let's get on to it:
Retail Market remains challenging due to a change in Gen Y/Millennials spending habits Digitalising has moved faster than regulations and infrastructure Mitigation strategies: Create thematic malls by picking brands to work with Most brands except luxury brands such as LVMH are too poor or in financial difficulty to create curated malls Starhill aims to work with brands while helping them grow Charles and Keith was an example of them buying a stake and helping them grow to where they are now. Create a pipeline of brand partnerships to fill up the malls/offices Create global reward points that...