Refurbishment and redevelopment of outdated shopping centre stock is set to increase in importance in Western Europe in tandem with the falling population in the region, according to Menno Maas, CEO of ING Real Estate Development. Maas, who was speaking on Wednesday at the ICSC Europe conference in Amsterdam, illustrated the trend citing projects such as TK Development’s Spinderet mall in Denmark, Unibail-Rodamco’s Forum Nacka in Stockholm and Spuimarkt in The Hague, which ING RE developed together with Multi Corporation and BAM.
Premium subscriber content – please log in to read more or take a free trial.
