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Out-Of-Town Developments Benefit From Economic Comeback

The recovery may not be complete and the impact it has on rents will remain mixed. The investment market has improved greatly, compared with the occupational market which is still a way behind.

Development of shopping centres is due to be boosted due to the economic upturn. The current potential is still well below what was there before the financial crisis, but it is showing signs of a positive response by developers to the lift in the economy. The forecast for this year indicates that only about 100,000 sq m of new shopping centre space will be made available, with around 110,000 sq m during 2015. 
This is dependent on the improvement of the economy and debt availability, which may increase development, prompting a revision of the forecasts. New schemes are not gaining at all and it appears that activity in the development market will continue to focus on extensions and refurbishments of schemes that already exist.
TH Real Estate:
Cushman & Wakefield:
Cushman & Wakefield:
UK Shopping Centres: Dead or Alive?
IHL Group:
Retailers are opening more stores in 2017, debunking the retail apocalypse.
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Ontario Mills GLA:1 473 000 SF
ADDRESS: 1 Mills Cir, Ontario, CA 91764-5207
USA . Ontario
Ontario Mills
Dolphin mall GLA:1 400 000 SF
ADDRESS: 11401 N.W. 12th Street Miami, FL 33172
USA . Miami
Dolphin mall
Queens Place GLA:440 000 SF
ADDRESS: 88-01 Queens Boulevard Elmhurst, NY 11373
USA . New York
Queens Place
Designer Outlet Provence GLA:269 098 SF
ADDRESS: Mas de la Peronne, Miramas, France
France . Miramas
Designer Outlet Provence


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