The shopping centre sector showed an impressive growth of cross-border transactions in 2007 comprising 70% of total transactions in the first half of the year compared to 30% in the same period four years ago. 'The increase demonstrates the ongoing desire by investors to build up European portfolios,' commented Nick Axford, head of EMEA Research & Consulting, at the presentation of the European Shopping Centre Digest 2007 at the Mapic retail fair in Cannes this week.
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