Amid the  increasing number of shopping centers in Tbilisi, malls have to  make efforts to attract tenants. Some malls see a  decrease in the capacity. Commersant reports that "Tbilisi Mall" is  among them and is going to house office spaces instead of shops on the top floor where the capacity  is low.

Tbilisi Mall denies having financial problems saying that the shopping center is almost 100% occupied  while demand has increased.

"Tbilisi Mall's" trade turnover and occupancy have returned to pre-pandemic levels. Demand for spaces has increased, the pricing policy has not changed and the rent price  is the same in almost all malls.

We are involved in interesting projects, are in  talks with new brands, but  due to the privacy policy, we cannot make their names public,” say at Tbilisi Mall.

Touching on the  competition issue, Tbilisi Mall says that the capital doesn’t have many shopping center, so there will be enough customers for everyone. Apart from that, the mall offers  the brands that are not represented in other malls.