 |
| (Eldon Square Shopping Centre) |
Capital Shopping Centres, one of UK’s largest developers and owners of 13 regional shopping centres totaling 14 million sq ft announced today they are planning £78 million in capital projects. The purpose for this investment is due to the strong growth in retail and a “reduced supply of new high-quality retail space”.
Once again the news from the UK is bullish on retail development. We have seen similar statements from Land Securities and their investment in Trinity Leeds, as well as this post about construction spending at it relates to supermarkets and Europe in general.
CSC Plots £78m of Retail Development
For the brief in its entirety see CSC's website:
Interim Management Statement
No comments:
Post a Comment