New EU members to boost retail and development

Bulgaria and Romania head the list of European countries with the highest percentage of shopping centre space coming on the market, with both countries recording increases of more than 150%, according to a new report by international property advisor Cushman & Wakefield. Romania has 470,000 m[sup]2[/sup] of new schemes due to open before the end of 2007 and Bulgaria has 98,000 m[sup]2[/sup].

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