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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.
Cushman & Wakefield:
UK Shopping Centres: Dead or Alive?
IHL Group:
Retailers are opening more stores in 2017, debunking the retail apocalypse.
Similarweb:
The Apparel category in the US boasts some of the most recognizable shopping brands in America.
ICSC & JLL:
Food and beverage retailers have become an increasingly core part of the modern shopping center.
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Designer Outlet Provence GLA:269 098 SF
ADDRESS: Mas de la Peronne, Miramas, France
France . Miramas
Designer Outlet Provence
Shopping City Süd GLA:1 862 156 SF
ADDRESS: Europaring 2334 Vösendorf
Austria . Vienna
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Central Children's Store GLA:370 192 SF
ADDRESS: Teatralnyi proezd, 5
Russia . Moscow region
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Adigeo GLA:452 084 SF
ADDRESS: Verona city center
Italy . Verona
Adigeo


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