Modus Asia edition, Q3 2017

Oliver Parsons

Editor of Modus (RICS)

We probably all think that we have a strong sense of right and wrong, but how does that change when we’re working in an environment where culture, leadership and competing priorities make moral decisions much harder? How does our judgement change?

In our cover feature, we focus on this fascinating area of organisational psychology, speaking to experts to get inside the head of "the bad guy" and look at the factors that can help make otherwise good people do some very bad things.

Also in this issue:

Our special focus in this edition of Modus is on Asia’s retail property market. In our lead feature, we take a look at some of the clever techniques that the operators of shopping malls use to entice customers, and to keep them returning. In Asian markets, which are riding the wave of massive middle-class growth and increasing disposable income, this is particularly acute, and the race for footfall is leading to some very innovative methods on the part of retailers and developers.

Continuing the theme, two local property experts debate the contrasting fortunes of Hong Kong and Singapore’s retail markets; JLL’s James Assersohn discusses why Europe’s mall operators should be taking a leaf out of their Asian counterparts’ book; and our legal 101 column highlights the rules in five Asian countries by which foreign retailers must play if they are to operate in those markets.

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