Issue 2011 April 05th

This issue was created on 2011-04-05 08:17:00

  • European shopping centre development plummets to three decade lowApril 5, 2011
New shopping centre development in Europe fell sharply in 2010, with the largest decline since 1983, according to a report from Cushman & Wakefield. Around 5.2m sq m of shopping centre space was completed last year, a fall of 30% from 2009. This represents the second consecutive year of falling completion levels and the lowest annual completion total since 2004.
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