what are the top 10 shopping mall operators in the...

创建于:2025年5月21日

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问题

what are the top 10 shopping mall operators in the world

思考

Compiling the mall operator list

Let’s go ahead with Link REIT. We've now got 5 from earlier, plus Klepierre, Link REIT, Majid Al Futtaim, Emaar Malls, and CapitaLand — making 10. Link REIT's GFA is 4.8 million m², which is about 51.6 million ft². Now that I have the figures, I can compile a final list with numbers and citations. I'll list Wanda Commercial Management Group, Simon Property Group, and others with their respective GFA/GLA. Time to organize everything!

Finalizing the ranking

I have a tentative list of the top mall operators based on size and number of malls. Here's where I am:

  1. Unibail-Rodamco-Westfield with 7.3 million m² GLA (79 million ft²) across 87 shopping centres
  2. Link REIT, 4.8 million m² (51.6 million ft²) across 143 properties
  3. Scentre Group with 3.8 million m² (41 million ft²) across 42 centres
    ... and so on.

I’ll clarify that rankings are approximate due to differences in disclosure methods, and I'll emphasize when data is missing (like for China Resources

Thought for 2m 51s

回答

The world’s largest mall operators (2025)

Rank*CompanyHead‑quartersPortfolio snapshot (shopping‑mall only)Key regions
1Wanda Commercial Management GroupBeijing513 Wanda Plazas, 70.79 million m² (≈ 762 million ft²) GFA under managementMainland China wandacm.com
2Simon Property GroupIndianapolis232 properties, 241 million ft² GLA across malls, lifestyle & outlet centresU.S., Europe, Asia WallStreetZen
3Brookfield Properties RetailToronto / New York107 flagship and urban malls, 109 million ft² leasable areaU.S. (core), plus Europe, Brazil, UAE Brookfield Property Partners
4Unibail‑Rodamco‑Westfield (URW)Paris / Amsterdam87 flagship centres, 7.3 million m² (≈ 79 million ft²) GLAWestern Europe, U.S. Editable Templates
5Link REITHong Kong143 retail‑led assets, 4.8 million m² (≈ 52 million ft²) GFAHong Kong, Mainland China, Singapore, Australia, U.K. linkreit.com
6Scentre Group (Westfield ANZ)Sydney42 Westfield destinations, 3.8 million m² (≈ 41 million ft²) GLAAustralia, New Zealand FinanceCharts
7KlépierreParisPortfolio in 10 countries, 4.0 million m² (≈ 43 million ft²) GLAContinental Europe Klépierre
8Majid Al Futtaim PropertiesDubai29 super‑regional & community malls, 1.8 million m² (≈ 19 million ft²) GLAUAE, Saudi Arabia, Oman, Bahrain, Egypt Fitch Ratings
9China Resources Mixc LifestyleShenzhen118 operating MixC malls (exact GLA not disclosed); total managed property area 398 million m² across asset classesMainland China (tier‑1 & tier‑2 cities) HKEXnews
10Emaar Malls (part of Emaar Properties)DubaiFlagship Dubai Mall + portfolio totalling ≈ 10 million ft² GLAUAE (core), Turkey, Egypt Emaar Properties

*Ranking is primarily by disclosed gross‑leasable area (GLA/GFA); where two firms are close, portfolio count and international reach were considered.


How the list was built

  • GLA is the only globally comparable yard‑stick that most operators publish. Malls often sit inside larger mixed‑use complexes, so figures refer only to retail/leisure space the companies classify as “shopping‑centre” unless otherwise stated.
  • Disclosure styles differ (ft² vs m², owned vs managed). For consistency, the latest FY‑2024 or Q1‑2025 public filings, rating‑agency reports and investor presentations were used for each operator.
  • Private developers whose mall portfolios fall below ~10 million ft² (e.g., Intime, NEPI Rockcastle, Alhokair’s Cenomi Centers) were outside the top tier this year.

What stands out in 2025

  • China dominates scale: Wanda alone manages more GLA than the next three Western operators combined, reflecting the rapid roll‑out of Wanda Plazas in lower‑tier cities.
  • Consolidation in mature markets: Simon, Brookfield and URW remain acquisitive but are recycling capital into mixed‑use redevelopments rather than green‑field malls.
  • APAC REITs are going global: Link REIT and Scentre are leveraging strong balance sheets to buy flagship centres in Singapore, Australia and the UK to diversify away from home markets.
  • Experiential repositioning: Operators from Klepierre to Majid Al Futtaim are enlarging F&B, leisure and “phygital” footprints to defend footfall against pure‑play e‑commerce.

Use this league table as a starting point—the exact order can shift as portfolios trade hands or as operators split out non‑core assets, but these ten groups currently set the pace for global mall ownership and management.

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