Europe's dead centres
Baker, Kat
Europe's dead centres - 2011 - Property Week 77(34) 26 August 2011, 30-32(3) .
Investigates European shopping centres from the Czech Republic to Spain which are languishing after the boom years of the mid 2000s. Centres across Europe are battling with 40% to more than 50% vacancies. Some of the worst cases of mall decline are in the Czech Republic, Romania and Spain. The market for distressed shopping centre assets remains limited as investors seek prime assets. However developers are eyeing opportunites in this sector in Turkey and Russia. Graphic covers Europe's shopping centre explosion from 2005 to 2012 projections.
Europe
Europe's dead centres - 2011 - Property Week 77(34) 26 August 2011, 30-32(3) .
Investigates European shopping centres from the Czech Republic to Spain which are languishing after the boom years of the mid 2000s. Centres across Europe are battling with 40% to more than 50% vacancies. Some of the worst cases of mall decline are in the Czech Republic, Romania and Spain. The market for distressed shopping centre assets remains limited as investors seek prime assets. However developers are eyeing opportunites in this sector in Turkey and Russia. Graphic covers Europe's shopping centre explosion from 2005 to 2012 projections.
Europe