Study: Developers redesign shopping center schemes into retail parks

Many of the developers that announced shopping centers have started redesigning their shopping center schemes into retail parks or building a hypermarket with a DIY box andor a smaller shopping gallery, accepting rents of €10sqm, according to a Colliers International study.Developers are beginning to redesign their shopping centes into big box retail schemes as a result of increased big box tenant demand in particular by DIY retailers and hypermarkets who are aggressively fighting for ...

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