"Mall landlords are increasingly walking away from struggling properties, leaving creditors in the lurch and posing a threat to the values of nearby real estate.

As competition from online retailers batters store owners, some of the largest U.S. landlords are calculating it is more advantageous to hand over ownership to lenders than to attempt to restructure debts on properties with darkening outlooks.

That, in turn, leaves lenders with little choice but to unload the distressed properties at fire-sale prices."

Now, that is an article about what's happening in the states. I think it will happen here too. We have too many malls and some don't even make sense. When you go around, there are too many malls running empty,and why would you shop for a dress in a brick and mortar shop while you can get a huge variety online? When you look at the Karen area, there are 3 malls quite close to each other. Thika Rd/Kiambu, the same, Ngong Road (Prestige, Yaya, Green House, Ellys, The Junction...). Why are Kenyans still building malls at this day and age?

Ridgeways mall charging for parking. Wonder why since there is nothing really to keep someone busy at Ridgeways to the extent of paying for parking.

Noted the same at Greenspan mall. Why pay for parking when the same services / goods are available at arms length at Shujaa Mall and K-Mall? Not to mention 2 nearby Naivas supermarkets

That must be the landlord who has installed it unless they own the premises?

They need to renovate the washrooms. Sinks, taps zimechakaa, taps not working, stained mirrors etc etc. I have noticed the same falling standards at Galleria.

You are being billed for shopping. Pure nonsense.

the hub is always empty on weekdays and so many shop in the top floor still unocuppied. but at least weekends people are many, though dont know if sales of only two days a week can sustain those expensive shops, staff salo, service charge,etc

Even TRM which was one of the lucky few with near 100% occupancy now has empty shops. Even Alibhai Shariff moved out and left a very huge space which TRM Management couldn't get another client for and had to subdivide it into small shops. Last time I was there all those shops - and they are many - were vacant. 100% ready but vacant.

Yes, It is not about the money, it is about the security.They are not trying to make money from you.

Would you argue that All saints cathedral started charging people who use their parking due to reduced offerings and tithing? Why is JKIA parking not free?Why do you feel okay payng for parking at JKIA adn cathredal and complain about malls doing the same?

The thing is, they are trying to secure your car, no one can drive off with your car unless they have the parking ticket.

Since the exit and entry gates are manned by clerks and they cost money to install and maintain, you have to pay for it. Why would the church or any other mall incur costs to secure your vehicle?

Most of the metered parking I know start charging after 20 minutes and the amounts are reasonable.

If you are indeed shopping, 1 hr should be enough anything above that is for somebody looking for free but secure parking!