Fortress Mall | Propertylogy

Fortress Mall

By on November 7, 2018

A fortress mall is a slang used to describe a high end shopping mall with at least one departmental store and minimum of four anchor tenants.

They will also have ample parking space to cater for high volume of human traffic at any time of the day.

The purpose of these mega retail developments is to be a one-stop shopping experience for consumers to find anything they are looking for.

In effect, they can spend the whole day in the area to fulfill all their shopping needs.

Shoppers will be captured inside the fortress and will not be shown the exit until they spend to their last penny and their credit card limits explode.

Support Propertylogy on Patreon

Quite a formidable strategy.

They are often owned and managed by REITs due to the high capital outlay.

However, recent years have seen performance of such malls declining due to a shift in consumer desires.

Support us on Patreon

You May Also Like...

hair1 eye1 abs1
View the latest and lowest Singapore Home Loan rates
Why friends look forward to your FAILURE
Hiring a competent agent
Best EVER excuses for being late to work

Investors and homeowners receive our newsletters. Subscribe to our list.

Get More Real Estate Knowledge & Insights From Our Newsletters

Enter your email below

Send this to a friend