Retailer expansion held back in Europe by lack of new shopping centre development
London, 11 July, 2011 – A shortage of new shopping centres being built in Europe restricted the expansion plans of retailers in 2010, but an increase in the amount of space available in emerging markets next year is expected to put retailer growth back on track, according to new research by leading global property adviser CB Richard Ellis (CBRE).
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Retailer expansion held back in Europe by lack of new shopping centre development