PropertyEU

Plaza Centers may cut development pipeline by 81%

By A staff reporter 2008-11-21T00:00:00

Plaza Centers, the emerging markets shopping centre developer, said it could freeze up to 26 of its 32 projects, or over 81% of its development pipeline, in light of the ‘extraordinary market conditions.’ In a management statement for the three months ended September 30, Plaza Centers said that it has ...

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