Shopping Center Industry Sees Still Growth Potential in CESEE

Professional ServicesReal Estate ♦ Published: June 20, 2012; 18:47 ♦ (Vindobona)

In 2012, about 300 further shopping centers should be built in the CESEE region. The market still shows a great potential, experts say.

Shopping Center Industry Sees Still Growth Potential in CESEE / Picture: © Vindobona.org

According to the Austrian consulting company RegioPlan, about 300 shopping centers should be built in Central, Eastern and Southeastern Europe (CESEE) this year. In the last years, the average number of new shopping centers reached about 190.

Since 2005, the boom is persistent. Up to now, the record year is 2007. Five years ago, about 270 shopping centers were opened in the CESEE…