Submitted by Richard Taylor, EC Harris, Head of Commercial
Biography
It's going to be another tough year ahead but the market will provide pockets of opportunity for those across Europe. Food store development will continue at a pace, but mainstream retail development looks set for a relatively quiet period.
We expect to see continued investment in to retail assets across Europe, where there is the opportunity to generate greater value and income. Therefore we predict greater demand for active asset management, skills and capabilities. We see this trend being replicated across Asia and the US. Shopping centre owners will need to respond to the changing demands of their tenants and their customers.
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