A research produced by DTZ
The uncertain economic climate of recent months has led to muted consumer spending in many European markets. This economic slowdown, as well as growing difficulties in securing financing and governmental permits in many countries is limiting new shopping centre development. Consequently, demand for shopping centres is focused mainly on established schemes where retailers are still seeing opportunities, despite the challenging conditions. In this new guide we assess socio-economic trends, as well as trends in the retail market in order to provide our view on the adequacy of current levels of shopping centre provision and identify main hotspots for future opportunities.
Source: DTZ (Groupe UGL)