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Refurbishment seen as key to trading success

A swathe of shopping centre managers have reported that centre refurbishments are the key to retail success in a competitive market, with 42 per cent of respondents in a recent study saying that refurbishments, particularly by specialist and anchor tenants, paid their way in higher sales, tennant sentiment, leasing and foot traffic. JLL’s 19th annual Retail Centre Managers Survey, which was conducted in August across 88 JLL-managed properties, shows that food and beverage operators cont