Tuesday, November 30, 2010

India Shopping Center Explosion: 94 New Malls by 2012

(Phoenix Market City - Bangalore)


India is expecting an explosion of shopping center development in the next 2 years that could add almost 100 centers in seven major cities accounting for 37 million sqft of new retail space according to a report from Jones Lang LaSalle.  I recently reported on the Phoenix Market Cities planned for 4 districts in India in a previous post that were large scale developments soon to open.


As India develops into a "second world" country, developers and retailers will be ready to provide the goods and services.  Will there be a glut of retail space or a rush of new retailers looking for new shoppers?  Read more from The Economic Times article:


Nearly 100 Malls to Come Up by 2012 in Seven Cities:  Report

Wednesday, November 17, 2010

Land Securities Continues its Growth Plans

(Bon Accord Centre - A Land Securites Property)
Land Securities announced in their half-year results their intention to expand their retail portfolio.   This is the latest in a series of articles about UK and European companies moving forward with retail projects.  


See the full article here:
Land Securities Plans Further Retail Development


Land Securities press release:
Half-Yearly Results for the six months to 30 September 2010


Previous All Things Retail Development Posts:
United Kingdom Retail Development Update


More Good Retail Development News from London


Trinity Leeds:  A Sign of the Times?


Leonidas Belgian Chocolates: 1 lb Napolitain Sampler Ballotin - Orange, Nibs, Feuilletine, 72% Pure Origin Sao Tome, Milk, White, and Dark Chocolate Squares Grand Ghirardelli Chocolate Gift BasketGhirardelli Chocolate Chocolate Covered Cherries









Wednesday, November 3, 2010

United Kingdom Retail Development Update

(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.

Here is the article from Building.co.uk:
CSC Plots £78m of Retail Development

For the brief in its entirety see CSC's website:
Interim Management Statement


Gone To The Shops: Shopping In Victorian England  The London Shopping Companion: A Personal Guide to Shopping in London for Every Pocketbook