Top 10 Largest Shopping Malls

Take a look at the 10 largest shopping malls in the world, based upon leasable space:

10. Siam Paragon, Thailand (3.22 million sq ft)

9. Berjaya Times Square, Malaysia (3.44 million sq ft)

8. Istanbul Cevahir, Turkey (3.47 million sq ft)

7. SM Megamall, Philippines (3.6 million sq ft)

6. West Edmonton Mall, Canada (3.77 million sq ft)

5. Dubai Mall, Dubai(3.77 million sq ft)

4. SM Mall of Asia, Philippines (4.2 million sq ft)

3. CentralWorld, Thailand (4.62 million sq ft)

2. Golden Resources Mall, China (6.0 million sq ft)

1. New South China Mall (6.46 million sq ft)

As this list demonstrates, the majority of these properties are in Asia. Before we confuse size with success, note that the Number 1 entry on this list suffers from a 99% vacancy rate.

#CRE #retail