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Shopping centre development hits 50-year low

By: Language: English Series: Property Week ; 78(13) 30 March 2012, 36(1)Publication details: 2012Subject(s): Summary: Cushman & Wakefield has forecast only 340 000 sq ft of shopping centre completions in 2012, the lowest annual total since the 1960s. The Swan Shopping Centre in Yardley is the only new scheme in the 2012 pipeline. Nine extensions are on-stream for the year. The 2013 pipeline is forecast at 1.83m sq ft with Trinity Leeds (817 000 sq ft) by far the largest site. New shopping centre space in 2011 was 14% up on 2010. Tables show shopping centre growth in the UK 1991-2013; large schemes in the pipeline, top five UK centre by size.
Holdings
Item type Current library Call number Status Barcode
Journal London Journal article L155714 (Browse shelf(Opens below)) Available 155714-1001

Cushman & Wakefield has forecast only 340 000 sq ft of shopping centre completions in 2012, the lowest annual total since the 1960s. The Swan Shopping Centre in Yardley is the only new scheme in the 2012 pipeline. Nine extensions are on-stream for the year. The 2013 pipeline is forecast at 1.83m sq ft with Trinity Leeds (817 000 sq ft) by far the largest site. New shopping centre space in 2011 was 14% up on 2010. Tables show shopping centre growth in the UK 1991-2013; large schemes in the pipeline, top five UK centre by size.