2018 saw approximately 2.6 million sq.m of new shopping centre space completed, some 28% below the figure achieved in 2017 and bringing the total size of the European shopping centre market to 168.1 million sq.m. The amount of completions last year was the lowest in the previous 24 years and is comparable with the volumes delivered in the early 1990s when the first traditional shopping centres in Central and Eastern Europe were opening.
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