Some 10m sq ft of new shopping centre space was completed across Europe, the Middle East and Africa in the first six months of the year, with a further 120m sq ft of new space under construction, according to CBRE.
Turkey, United Arab Emirates and Russia are the most active countries in terms of shopping centre development and accounted for more than 50% of total development under construction in 2017.
Turkey saw 3.2m sq ft of new space completed in the first half of the year and continues to have the largest shopping centre development pipeline in
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.