Over €11bn to be spent on shopping centres in CE until 2013 - Strongest growth in Romania and BulgariaRegional info/economyPosted by Chambers of Commerce Sweden - Southeast Europe Tue, August 23, 2011 21:33:46
Around 6 million m2 of new GLA (Gross Leasable Area) is planned to be completed in Central European countries through to 2013. Most of the shopping centres openings are to occur from 2012, assuming that all projects are finalised on time. The existing investment plan could absorb over €11bn, according to PMR estimates. Bulgaria and Romania increased most dynamically in terms of GLA over the last three years and are expected to continue to develop considerably. Download this free PMR report here.