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Reit income comes from rental not ppl spending. Rental income can only increase once the rental agreement expire and need to renew. More ppl and more spending only benefit the shops there now.
Reading their financial reports, they had always talk about rental, parking and service charges but not commission from retail. Higher footfall means tenant doing well and will continue to rent even with higher rate.
Reeve... Maybe your eyes are better than mine and can see what I don't. Why not you point out... Page? Item number? In their? March 24 report instead of keep telling oths to go read... Go read. Tq