New shopping centre development in Europe fell by 30% in 2010, the largest decline since 1983, according to a report from Cushman & Wakefield. Around 5.2 million m[sup]2[/sup] of shopping centre space was completed last year, marking the second consecutive year of falling completion levels. The figure also represented the lowest annual completion total since 2004. Germany, Portugal and France all experienced declines in development activity, the adviser said.
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