Issue 2011 June 21st

This issue was created on 2011-06-21 10:00:00

  • East German malls need multi-billion euro faceliftJune 21, 2011
The shopping centre stock in the former East German area of the country needs a huge overhaul to bring it up to modern standards, according to a new report. Up to euro12bn could be needed to prevent many centres sliding in value as poor development quality and a rapidly changing market sees asset depreciation accelerate.
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