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Investors eyeing more European shopping malls

Posted on 18 October 2012

As European consumers’ switch their shopping habits to purpose-built malls from traditional town-center stores, prime shopping centers are the safest bet for property investors looking for stable income streams and a sure return, experts say.
After fears about the escalating euro-zone debt crisis curtailed investment in the first part of the year, spending on retail real estate is picking up across Europe. Direct investment in European retail property rose to €6 billion ($7.78 billion) in the third quarter, from €3.9 billion in the second quarter, according to research by property-services company Jones Lang LaSalle……………………………………….Full Article: Source


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