Strong retailer demand for prime shopping centres in top locations, particularly in Germany and Italy, could serve as a catalyst to drive the development pipeline across Europe, according to new research released by Jones Lang LaSalle at Mipim in Cannes. The tightening of the supply pipeline during 2009 in the wake of the financial crisis meant that substantial amounts of planned space were delayed. However, the growing demand from retailers for top schemes as European economies recover could stimulate development, JLL said.
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