Worsening political and economic turmoil in the euro zone has knocked investment in Europe’s shopping centres and stores to its lowest level since the collapse of Lehman Brothers investment bank in 2008, data showed.
European retail property investment fell to 3.69 billion british pounds ($5.9 billion) in the first quarter of 2012, down from 12.6 billion euros in the same period in 2011 and 9.3 billion euros in the previous quarter, research from property consultancy CBRE showed………………………………………..Full Article: Source