European shopping centre bonaza set to continue

Shopping centre completions continue at a record level in Europe, with 8 million m[sup]2[/sup] due to open in 2006-2007, property advisor Jones Lang LaSalle said in a report timed to coincide with the start of the Mapic retail real estate trade fair in Cannes, France. 2005 was also a bumper year for shopping centre developments as 4.5 million m[sup]2[/sup] of new space came on stream.

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