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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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Madrid Xanadú GLA:1 184 030 SF
ADDRESS: Autovía A5, salidas 22 y 25 - 28939
Spain . Madrid
Madrid Xanadú
FAN Mallorca Shopping GLA:592 015 SF
ADDRESS: C/ Cardenal Rossel, S/N. 07007 Palma de Mallorca
Spain . Palma
FAN Mallorca Shopping
Optimum Outlet GLA:421 127 SF
ADDRESS: ve Eglence Merkezi | Istiklal Sokak No.2/B Yenisahra/Atasehir
Turkey . Istanbul
Optimum Outlet
Aviapark GLA:2 475 699 SF
ADDRESS: ul. Aviakonstruktora Mikoyana, 10
Russia . Moscow region
Aviapark


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