An upturn in shopping center development in Europe is on the horizon, according to a report from Cushman & Wakefield. Although development has been subdued in some countries for the past few years, improving retailer demand and concerns about potential shortages of prime space are contributing to expectations of a rise in development activity in many European countries.
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Tyumen shopping center in Russia, on which Cushman & Wakefield is sole leasing agent, is due to open in Q4 2012.
More than 2.1 million m