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European Shopping Centre Development Report September 2011

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  • Shopping centre provision in Europe increased by more than 2.1 million sq.m in the first half of 2011. The completion figure is more than 30% lower than the previous six months’ total, although very similar to the total for the corresponding period of 2010. 71 new shopping centres were opened, accounting for 90% of the space added; extensions of existing schemes make up the remaining 10%. On 1 July 2011, total shopping centre GLA in Europe stood at 135.1 million sq.m.

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