| An unprecedented 32 million mē of shopping center space is currently under construction across the world, representing a 15% increase year-on-year (28 million mē in 2012), according to the latest research from global property advisor CBRE.
Shopping center development activity is heavily concentrated in emerging markets, with China home to more than half of all the space under construction (16.8 million mē). Seven of the 10 most active development markets globally are in China. These include Chengdu (2.9 million mē) and Tianjin (2.1 million mē), with Shenyang, Chongqing, Wuhan, Guangzhou and Hangzhou due to deliver over one million mē over the next three years.............................................Full Article: Source
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