Vietnam’s Vincom shifts focus from expansion to upgrades
Inside Retail
MAY 3, 2023
per cent, with the Plaza format, which accounts for about two-thirds of its shopping centre portfolio, sitting at 81.1 The slowdown in openings is understandable after a breathtaking four-year period from 2015-19 when Vincom opened more than 50 malls. The total portfolio occupancy rate sits at 84.5 So far, it’s doing the trick.
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