A record 11.4 million m[sup]2[/sup] of new retail space is due to open in Europe next year, 38% up on the 2007 level, property advisor Cushman & Wakefield (C&W) has said in its latest European Shopping Centres Report. Russia tops the ranking for new shopping centre space by a wide margin. C&W's report found that more than 4.6 million m[sup]2[/sup] of new shopping centre space is due to open in Russia – mainly in the regions - between July this year and the end of 2008. Although far behind Russia, Poland comes second, with nearly 1.5 mln m[sup]2[/sup] of new shopping centre space due to open in the same period, followed closely by Spain, Turkey and the UK.
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