A record 11.4 million m[sup]2[/sup] of new retail space is due to open in Europe next year, 38% up on the 2007 level, property advisor Cushman & Wakefield (C&W) has said in its latest European Shopping Centres Report. Russia tops the ranking for new shopping centre space by a wide margin. C&W's report found that more than 4.6 million m[sup]2[/sup] of new shopping centre space is due to open in Russia – mainly in the regions - between July this year and the end of 2008. Although far behind Russia, Poland comes second, with nearly 1.5 mln m[sup]2[/sup] of new shopping centre space due to open in the same period, followed closely by Spain, Turkey and the UK.
A record 11.4 million m2 of new retail space is due to open in Europe next year, 38% up on the 2007 level, property advisor Cushman & Wakefield (C&W) has said in its latest European Shopping Centres Report. Russia tops the ranking for new shopping centre space by a wide margin. C&W's report found that more than 4.6 million m2 of new shopping centre space is due to open in Russia – mainly in the regions - between July this year and the end of 2008. Although far behind Russia, Poland comes second, with nearly 1.5 mln m2 of new shopping centre space due to open in the same period, followed closely by Spain, Turkey and the UK.
