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UK mall construction lowest since 1995-CBRE

Posted on 10 August 2011

The rate of UK shopping centre construction activity fell to its lowest level since 1995 in the first three months of 2011, with developers delaying project starts over concerns about the health of the global economy, research showed.
Property consultancy CB Richard Ellis said 3 million square feet of shopping centre space was being built in the period to end-March 2011, less than a quarter of the peak of 13 million sq ft in 2007, before the global financial meltdown……………………………………….Full Article: Source


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