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EUROPEAN DEVELOPMENT UP 30%

by Tia on April 1, 2011

in Retail News

This can't be a bad sign!!!  While I still see some countries on the down swing of our global recession – there are some positive signs of real estate life.  

European retail development is expected to rise 33% this year, according to a report from Cushman & Wakefield. Last year's development slumped by 30% with only 55.9 million square feet of retail space delivering. This year, it expects to see an upturn in more than half of the European markets surveyed for the report.

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