• Retail

    Western-style shopping malls are increasingly popular in emerging markets. OBG’s retail sector analysis looks at local demand, shopping habits, opportunities for development in smaller cities, consumer spending power and brand awareness.
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After facing headwinds such as depressed international energy prices, and rising debt and fiscal imbalances, Trinidad and Tobago’s economic recession appears to be turning a corner, with GDP growth projected to climb to 0.3% in 2017 and 3.4% in 2018. As one of the largest and most diversified economies in the English-speaking Caribbean, the country is beginning to benefit from the new administration’s process of fiscal adjustment and economic diversification, spurred on by an ambitious public works pipeline.

New mall developments and low vacancy rates should create opportunities in South Africa’s retail sector, though economic headwinds could restrict growth prospects in the short term.

With online consumer activity set to spike across the MENA region during the religious festivals of Ramadan and Eid, Qatar is looking to encourage e-commerce, as part of a broader push to catalyse private sector development.

El alza en los ingresos y una demografía positiva impulsan un crecimiento sostenido del sector de ventas de lujo al menudeo en México, esto a pesar de los vientos en contra debido al desaceleramiento del crecimiento económico y la expectativa de relaciones comerciales más débiles con los EE.UU.

Strong consumer demand and economic expansion should drive further growth in the Philippine retail sector, assisted by increased bank lending and subdued inflation.

Developers are capitalising on Sharjah’s appeal as a retail destination, driving a strong flow of new developments and expansions in retail real estate.