Growth in new shopping centre space across Europe has declined by 10% to 10.8m sq ft in H1 2018, compared with the same period last year.
The amount of space under construction in the six-month period also dropped by 11% year-on-year, according to data from Cushman & Wakefield, with a 25% fall in Western European regions.
The findings show that over the past two decades, Europe has seen an average of 58m sq ft of new shopping centre space built every year, but an annual average of just 38m sq ft of new space is scheduled to
Want to keep your finger firmly on the pulse of global real estate?
Looking to gain award-winning insight from the industry’s trusted source of real estate intelligence?Simply register a few details with EG for your free access to our online global real estate news and complimentary digital copies of our Global, UK and London Investor Guides every quarter.