<br />
SHOPPING CENTRES<br />
In the run-up to the global financial crisis of 2008,<br />
India was anticipating around 300 new shopping<br />
centres, all coming on stream within a fairly short<br />
time frame. However, that pipeline was decimated<br />
by the credit crunch, leading to a shortage of<br />
modern retail stock across the country.<br />
In 2011, the development pipeline seemed to<br />
spring into life, with a number of schemes now<br />
back on the drawing board and scheduled for<br />
delivery in 2013 and 2014. This is sure to depress<br />
rents in some older and less attractive malls,<br />
as retailers opt for more modern and shopper-<br />
friendly surroundings.<br />
Retail real estate in India has evolved in that<br />
local developers have realised the importance<br />
of mall management aspects such as zoning,<br />
branding, ma<a title="CBRE is the world’s leading commercial property and real estate services adviser page 1" href="http://viewer.zmags.com/publication/4fa0dbe9?page=1">NEW FOR 2011/12 WHAT ABOuT ME? EuRO</a> NEW FOR 2011/12 WHAT ABOuT ME? EuRO<a title="CBRE is the world’s leading commercial property and real estate services adviser page 2" href="http://viewer.zmags.com/publication/4fa0dbe9?page=2">WELCOMEW </a> WELCOMEW <a title="CBRE is the world’s leading commercial property and real estate services adviser page 3" href="http://viewer.zmags.com/publication/4fa0dbe9?page=3">CONTENTS4. INDEX OF AUTHORS BY COUNTRY</a> CONTENTS4. INDEX OF AUTHORS BY COUNTRY<a title="CBRE is the world’s leading commercial property and real estate services adviser page 4" href="http://viewer.zmags.com/publication/4fa0dbe9?page=4">SHOPFRONT: BYLATEST REVIEW OF RETAIL MARKETS IN</a> SHOPFRONT: BYLATEST REVIEW OF RETAIL MARKETS IN<a title="CBRE is the world’s leading commercial property and real estate services adviser page 5" href="http://viewer.zmags.com/publication/4fa0dbe9?page=5">COUNTRYBEYOND:</a> COUNTRYBEYOND:<a title="CBRE is the world’s leading commercial property and real estate services adviser page 6" href="http://viewer.zmags.com/publication/4fa0dbe9?page=6">ACROSSBORDERS6 For more informatio</a> ACROSSBORDERS6 For more informatio<a title="CBRE is the world’s leading commercial property and real estate services adviser page 7" href="http://viewer.zmags.com/publication/4fa0dbe9?page=7">A s we survey the gl</a> A s we survey the gl<a title="CBRE is the world’s leading commercial property and real estate services adviser page 8" href="http://viewer.zmags.com/publication/4fa0dbe9?page=8">8 For more information on the retail real</a> 8 For more information on the retail real<a title="CBRE is the world’s leading commercial property and real estate services adviser page 9" href="http://viewer.zmags.com/publication/4fa0dbe9?page=9">T he general consensus from</a> T he general consensus from<a title="CBRE is the world’s leading commercial property and real estate services adviser page 10" href="http://viewer.zmags.com/publication/4fa0dbe9?page=10"> While the electronics segment is suffering as</a> While the electronics segment is suffering as<a title="CBRE is the world’s leading commercial property and real estate services adviser page 11" href="http://viewer.zmags.com/publication/4fa0dbe9?page=11">THE LONDON 2012 OLYMPICS AND ITS IMPACTThe eyes </a> THE LONDON 2012 OLYMPICS AND ITS IMPACTThe eyes <a title="CBRE is the world’s leading commercial property and real estate services adviser page 12" href="http://viewer.zmags.com/publication/4fa0dbe9?page=12">A fter growing by 2% i</a> A fter growing by 2% i<a title="CBRE is the world’s leading commercial property and real estate services adviser page 13" href="http://viewer.zmags.com/publication/4fa0dbe9?page=13">CBRE | ShopFront 2011/12 </a> CBRE | ShopFront 2011/12 <a title="CBRE is the world’s leading commercial property and real estate services adviser page 14" href="http://viewer.zmags.com/publication/4fa0dbe9?page=14">competitive prices. While most Germanconsumers a</a> competitive prices. While most Germanconsumers a<a title="CBRE is the world’s leading commercial property and real estate services adviser page 15" href="http://viewer.zmags.com/publication/4fa0dbe9?page=15">FRANCE As ever when looking at the Frenchret</a> FRANCE As ever when looking at the Frenchret<a title="CBRE is the world’s leading commercial property and real estate services adviser page 16" href="http://viewer.zmags.com/publication/4fa0dbe9?page=16">still sees queues of shoppers formingseveral mon</a> still sees queues of shoppers formingseveral mon<a title="CBRE is the world’s leading commercial property and real estate services adviser page 17" href="http://viewer.zmags.com/publication/4fa0dbe9?page=17">MAJOR SHOPPING CENTRE PROJECTS IN FRANCEPROJECT</a> MAJOR SHOPPING CENTRE PROJECTS IN FRANCEPROJECT<a title="CBRE is the world’s leading commercial property and real estate services adviser page 18" href="http://viewer.zmags.com/publication/4fa0dbe9?page=18">18 For more information on the retail real</a> 18 For more information on the retail real<a title="CBRE is the world’s leading commercial property and real estate services adviser page 19" href="http://viewer.zmags.com/publication/4fa0dbe9?page=19">CHINAR etailers continue</a> CHINAR etailers continue<a title="CBRE is the world’s leading commercial property and real estate services adviser page 20" href="http://viewer.zmags.com/publication/4fa0dbe9?page=20">Many of the world's most internationallyambitiou</a> Many of the world's most internationallyambitiou<a title="CBRE is the world’s leading commercial property and real estate services adviser page 21" href="http://viewer.zmags.com/publication/4fa0dbe9?page=21">CBRE | ShopFront 2011/12 </a> CBRE | ShopFront 2011/12 <a title="CBRE is the world’s leading commercial property and real estate services adviser page 22" href="http://viewer.zmags.com/publication/4fa0dbe9?page=22">22 For more information on the retail real</a> 22 For more information on the retail real<a title="CBRE is the world’s leading commercial property and real estate services adviser page 23" href="http://viewer.zmags.com/publication/4fa0dbe9?page=23">SPAIN </a> SPAIN <a title="CBRE is the world’s leading commercial property and real estate services adviser page 24" href="http://viewer.zmags.com/publication/4fa0dbe9?page=24">RUSSIAF or the first half </a> RUSSIAF or the first half <a title="CBRE is the world’s leading commercial property and real estate services adviser page 25" href="http://viewer.zmags.com/publication/4fa0dbe9?page=25">RETAILER ACTIVITYThe shakeout of the Russian ret</a> RETAILER ACTIVITYThe shakeout of the Russian ret<a title="CBRE is the world’s leading commercial property and real estate services adviser page 26" href="http://viewer.zmags.com/publication/4fa0dbe9?page=26">WHATABOUT ME?I f there is one theme </a> WHATABOUT ME?I f there is one theme <a title="CBRE is the world’s leading commercial property and real estate services adviser page 27" href="http://viewer.zmags.com/publication/4fa0dbe9?page=27">CBRE’s retail teams is that prime vacancies are r</a> CBRE’s retail teams is that prime vacancies are r<a title="CBRE is the world’s leading commercial property and real estate services adviser page 28" href="http://viewer.zmags.com/publication/4fa0dbe9?page=28">POLANDW </a> POLANDW <a title="CBRE is the world’s leading commercial property and real estate services adviser page 29" href="http://viewer.zmags.com/publication/4fa0dbe9?page=29">High street shopping appears at last tobe gainin</a> High street shopping appears at last tobe gainin<a title="CBRE is the world’s leading commercial property and real estate services adviser page 30" href="http://viewer.zmags.com/publication/4fa0dbe9?page=30">SWEDENR etail market ac</a> SWEDENR etail market ac<a title="CBRE is the world’s leading commercial property and real estate services adviser page 31" href="http://viewer.zmags.com/publication/4fa0dbe9?page=31">CBRE | ShopFront 2011/12 </a> CBRE | ShopFront 2011/12 <a title="CBRE is the world’s leading commercial property and real estate services adviser page 32" href="http://viewer.zmags.com/publication/4fa0dbe9?page=32"> Some retailers have sought to securespace in st</a> Some retailers have sought to securespace in st<a title="CBRE is the world’s leading commercial property and real estate services adviser page 33" href="http://viewer.zmags.com/publication/4fa0dbe9?page=33">ITALYT he retail sect</a> ITALYT he retail sect<a title="CBRE is the world’s leading commercial property and real estate services adviser page 34" href="http://viewer.zmags.com/publication/4fa0dbe9?page=34">Cities such as Los Angeles, Boston,San Francisco</a> Cities such as Los Angeles, Boston,San Francisco<a title="CBRE is the world’s leading commercial property and real estate services adviser page 35" href="http://viewer.zmags.com/publication/4fa0dbe9?page=35">USAT he US retail market i</a> USAT he US retail market i<a title="CBRE is the world’s leading commercial property and real estate services adviser page 36" href="http://viewer.zmags.com/publication/4fa0dbe9?page=36">a good proportion of which was inattractive loca</a> a good proportion of which was inattractive loca<a title="CBRE is the world’s leading commercial property and real estate services adviser page 37" href="http://viewer.zmags.com/publication/4fa0dbe9?page=37"> In South Beach, Florida, rentscontinue to es</a> In South Beach, Florida, rentscontinue to es<a title="CBRE is the world’s leading commercial property and real estate services adviser page 38" href="http://viewer.zmags.com/publication/4fa0dbe9?page=38">TURKEYT urkey was Europe’s </a> TURKEYT urkey was Europe’s <a title="CBRE is the world’s leading commercial property and real estate services adviser page 39" href="http://viewer.zmags.com/publication/4fa0dbe9?page=39">The 6.5% growth achieved in thefirst half of the </a> The 6.5% growth achieved in thefirst half of the <a title="CBRE is the world’s leading commercial property and real estate services adviser page 40" href="http://viewer.zmags.com/publication/4fa0dbe9?page=40">New international brands arriving in Australia </a> New international brands arriving in Australia <a title="CBRE is the world’s leading commercial property and real estate services adviser page 41" href="http://viewer.zmags.com/publication/4fa0dbe9?page=41">AUSTRALIAT hroughout 2009 </a> AUSTRALIAT hroughout 2009 <a title="CBRE is the world’s leading commercial property and real estate services adviser page 42" href="http://viewer.zmags.com/publication/4fa0dbe9?page=42">JAPANO n March 11 2</a> JAPANO n March 11 2<a title="CBRE is the world’s leading commercial property and real estate services adviser page 43" href="http://viewer.zmags.com/publication/4fa0dbe9?page=43">SHOPPING CENTRESThe 31,600 sq m Fukato-Tamagawa</a> SHOPPING CENTRESThe 31,600 sq m Fukato-Tamagawa<a title="CBRE is the world’s leading commercial property and real estate services adviser page 44" href="http://viewer.zmags.com/publication/4fa0dbe9?page=44">INVESTINGIN RETAILT h</a> INVESTINGIN RETAILT h<a title="CBRE is the world’s leading commercial property and real estate services adviser page 45" href="http://viewer.zmags.com/publication/4fa0dbe9?page=45">INVESTMENT TRENDS IN 2011Retail investment hit i</a> INVESTMENT TRENDS IN 2011Retail investment hit i<a title="CBRE is the world’s leading commercial property and real estate services adviser page 46" href="http://viewer.zmags.com/publication/4fa0dbe9?page=46">T he Indian retail market go</a> T he Indian retail market go<a title="CBRE is the world’s leading commercial property and real estate services adviser page 47" href="http://viewer.zmags.com/publication/4fa0dbe9?page=47">SHOPPING CENTRESIn the run-up to the global fina</a> SHOPPING CENTRESIn the run-up to the global fina<a title="CBRE is the world’s leading commercial property and real estate services adviser page 48" href="http://viewer.zmags.com/publication/4fa0dbe9?page=48">BELGIUMT he Belgian retail</a> BELGIUMT he Belgian retail<a title="CBRE is the world’s leading commercial property and real estate services adviser page 49" href="http://viewer.zmags.com/publication/4fa0dbe9?page=49">HIGH STREETSBelgium’s premier high streetdestin</a> HIGH STREETSBelgium’s premier high streetdestin<a title="CBRE is the world’s leading commercial property and real estate services adviser page 50" href="http://viewer.zmags.com/publication/4fa0dbe9?page=50">I n 2011 the contrast between the </a> I n 2011 the contrast between the <a title="CBRE is the world’s leading commercial property and real estate services adviser page 51" href="http://viewer.zmags.com/publication/4fa0dbe9?page=51">The largest retail park yet seen in the Netherlan</a> The largest retail park yet seen in the Netherlan<a title="CBRE is the world’s leading commercial property and real estate services adviser page 52" href="http://viewer.zmags.com/publication/4fa0dbe9?page=52">IRELANDW hi</a> IRELANDW hi<a title="CBRE is the world’s leading commercial property and real estate services adviser page 53" href="http://viewer.zmags.com/publication/4fa0dbe9?page=53">SHOPPING CENTRESOne of the positives to come fro</a> SHOPPING CENTRESOne of the positives to come fro<a title="CBRE is the world’s leading commercial property and real estate services adviser page 54" href="http://viewer.zmags.com/publication/4fa0dbe9?page=54">MOROCCOA fter a brief </a> MOROCCOA fter a brief <a title="CBRE is the world’s leading commercial property and real estate services adviser page 55" href="http://viewer.zmags.com/publication/4fa0dbe9?page=55">The retail element of Anfaplace was </a> The retail element of Anfaplace was <a title="CBRE is the world’s leading commercial property and real estate services adviser page 56" href="http://viewer.zmags.com/publication/4fa0dbe9?page=56">PORTUGALI n 2011 Portugal’s economic</a> PORTUGALI n 2011 Portugal’s economic<a title="CBRE is the world’s leading commercial property and real estate services adviser page 57" href="http://viewer.zmags.com/publication/4fa0dbe9?page=57">NORWAYA lready E</a> NORWAYA lready E<a title="CBRE is the world’s leading commercial property and real estate services adviser page 58" href="http://viewer.zmags.com/publication/4fa0dbe9?page=58">Brazil is preparing to host the 2014 FIFA World C</a> Brazil is preparing to host the 2014 FIFA World C<a title="CBRE is the world’s leading commercial property and real estate services adviser page 59" href="http://viewer.zmags.com/publication/4fa0dbe9?page=59">BRAZILT he pace of econom</a> BRAZILT he pace of econom<a title="CBRE is the world’s leading commercial property and real estate services adviser page 60" href="http://viewer.zmags.com/publication/4fa0dbe9?page=60">THE ONLINECONSUMERN </a> THE ONLINECONSUMERN <a title="CBRE is the world’s leading commercial property and real estate services adviser page 61" href="http://viewer.zmags.com/publication/4fa0dbe9?page=61">SECURITY IS KEYCBRE asked consumers what factors</a> SECURITY IS KEYCBRE asked consumers what factors<a title="CBRE is the world’s leading commercial property and real estate services adviser page 62" href="http://viewer.zmags.com/publication/4fa0dbe9?page=62">SOUTH </a> SOUTH <a title="CBRE is the world’s leading commercial property and real estate services adviser page 63" href="http://viewer.zmags.com/publication/4fa0dbe9?page=63">CZECHREPUBLICT he big sto</a> CZECHREPUBLICT he big sto<a title="CBRE is the world’s leading commercial property and real estate services adviser page 64" href="http://viewer.zmags.com/publication/4fa0dbe9?page=64">MEXICO T </a> MEXICO T <a title="CBRE is the world’s leading commercial property and real estate services adviser page 65" href="http://viewer.zmags.com/publication/4fa0dbe9?page=65"> Abercrombie & Fitch and Hollister,meanwhile,</a> Abercrombie & Fitch and Hollister,meanwhile,<a title="CBRE is the world’s leading commercial property and real estate services adviser page 66" href="http://viewer.zmags.com/publication/4fa0dbe9?page=66">66 For more information on the retail real</a> 66 For more information on the retail real<a title="CBRE is the world’s leading commercial property and real estate services adviser page 67" href="http://viewer.zmags.com/publication/4fa0dbe9?page=67">GREECEG reece’s well-publ</a> GREECEG reece’s well-publ<a title="CBRE is the world’s leading commercial property and real estate services adviser page 68" href="http://viewer.zmags.com/publication/4fa0dbe9?page=68">MEETING THECHALLENGEG et</a> MEETING THECHALLENGEG et<a title="CBRE is the world’s leading commercial property and real estate services adviser page 69" href="http://viewer.zmags.com/publication/4fa0dbe9?page=69"> Needing a new base – Sony found itself in </a> Needing a new base – Sony found itself in <a title="CBRE is the world’s leading commercial property and real estate services adviser page 70" href="http://viewer.zmags.com/publication/4fa0dbe9?page=70">CROATIAC roatia’s </a> CROATIAC roatia’s <a title="CBRE is the world’s leading commercial property and real estate services adviser page 71" href="http://viewer.zmags.com/publication/4fa0dbe9?page=71"> Zara has provided a boost to high street ret</a> Zara has provided a boost to high street ret<a title="CBRE is the world’s leading commercial property and real estate services adviser page 72" href="http://viewer.zmags.com/publication/4fa0dbe9?page=72">A cautious and highly re</a> A cautious and highly re<a title="CBRE is the world’s leading commercial property and real estate services adviser page 73" href="http://viewer.zmags.com/publication/4fa0dbe9?page=73">NOTABLE PROJECTS WITH DELIVERY DATES IN 2011 AND </a> NOTABLE PROJECTS WITH DELIVERY DATES IN 2011 AND <a title="CBRE is the world’s leading commercial property and real estate services adviser page 74" href="http://viewer.zmags.com/publication/4fa0dbe9?page=74">MIDDLE EASTTenants continue to have the upperha</a> MIDDLE EASTTenants continue to have the upperha<a title="CBRE is the world’s leading commercial property and real estate services adviser page 75" href="http://viewer.zmags.com/publication/4fa0dbe9?page=75">S everal countries within </a> S everal countries within <a title="CBRE is the world’s leading commercial property and real estate services adviser page 76" href="http://viewer.zmags.com/publication/4fa0dbe9?page=76">ROMANIAW </a> ROMANIAW <a title="CBRE is the world’s leading commercial property and real estate services adviser page 77" href="http://viewer.zmags.com/publication/4fa0dbe9?page=77">KAZAKHSTANR ecovery from</a> KAZAKHSTANR ecovery from<a title="CBRE is the world’s leading commercial property and real estate services adviser page 78" href="http://viewer.zmags.com/publication/4fa0dbe9?page=78">T he retail market in Sing</a> T he retail market in Sing<a title="CBRE is the world’s leading commercial property and real estate services adviser page 79" href="http://viewer.zmags.com/publication/4fa0dbe9?page=79">ACTHAILANDtorethLobath</a> ACTHAILANDtorethLobath<a title="CBRE is the world’s leading commercial property and real estate services adviser page 80" href="http://viewer.zmags.com/publication/4fa0dbe9?page=80">KOREAT he global financial</a> KOREAT he global financial<a title="CBRE is the world’s leading commercial property and real estate services adviser page 81" href="http://viewer.zmags.com/publication/4fa0dbe9?page=81">MALAYSIAM alaysia</a> MALAYSIAM alaysia<a title="CBRE is the world’s leading commercial property and real estate services adviser page 82" href="http://viewer.zmags.com/publication/4fa0dbe9?page=82">DENMARKT he expected pic</a> DENMARKT he expected pic<a title="CBRE is the world’s leading commercial property and real estate services adviser page 83" href="http://viewer.zmags.com/publication/4fa0dbe9?page=83">AUSTRIAA fter growi</a> AUSTRIAA fter growi<a title="CBRE is the world’s leading commercial property and real estate services adviser page 84" href="http://viewer.zmags.com/publication/4fa0dbe9?page=84">RETAILTRENDSPOTTINGO </a> RETAILTRENDSPOTTINGO <a title="CBRE is the world’s leading commercial property and real estate services adviser page 85" href="http://viewer.zmags.com/publication/4fa0dbe9?page=85">POPULATION TRENDS AND RETAIL STRATEGYAnalysis of</a> POPULATION TRENDS AND RETAIL STRATEGYAnalysis of<a title="CBRE is the world’s leading commercial property and real estate services adviser page 86" href="http://viewer.zmags.com/publication/4fa0dbe9?page=86">SLOVAKIAT he Slovakian re</a> SLOVAKIAT he Slovakian re<a title="CBRE is the world’s leading commercial property and real estate services adviser page 87" href="http://viewer.zmags.com/publication/4fa0dbe9?page=87">UKRAINER etail sale</a> UKRAINER etail sale<a title="CBRE is the world’s leading commercial property and real estate services adviser page 88" href="http://viewer.zmags.com/publication/4fa0dbe9?page=88">VIETNAMWhat has traditionally been a landlo</a> VIETNAMWhat has traditionally been a landlo<a title="CBRE is the world’s leading commercial property and real estate services adviser page 89" href="http://viewer.zmags.com/publication/4fa0dbe9?page=89">T he Vietnamese market con</a> T he Vietnamese market con<a title="CBRE is the world’s leading commercial property and real estate services adviser page 90" href="http://viewer.zmags.com/publication/4fa0dbe9?page=90">BULGARIAT he economy </a> BULGARIAT he economy <a title="CBRE is the world’s leading commercial property and real estate services adviser page 91" href="http://viewer.zmags.com/publication/4fa0dbe9?page=91">SERBIAT hough still under</a> SERBIAT hough still under<a title="CBRE is the world’s leading commercial property and real estate services adviser page 92" href="http://viewer.zmags.com/publication/4fa0dbe9?page=92">UNDERSTANDINGRETAIL DESTINATIONSE </a> UNDERSTANDINGRETAIL DESTINATIONSE <a title="CBRE is the world’s leading commercial property and real estate services adviser page 93" href="http://viewer.zmags.com/publication/4fa0dbe9?page=93">UNDERSTANDING RETAIL DESTINATIONS ALLOWS YOU TO:</a> UNDERSTANDING RETAIL DESTINATIONS ALLOWS YOU TO:<a title="CBRE is the world’s leading commercial property and real estate services adviser page 94" href="http://viewer.zmags.com/publication/4fa0dbe9?page=94">INDEX OF RETAILERSTHE RETAILERS BELOW ARE COVER</a> INDEX OF RETAILERSTHE RETAILERS BELOW ARE COVER<a title="CBRE is the world’s leading commercial property and real estate services adviser page 95" href="http://viewer.zmags.com/publication/4fa0dbe9?page=95">KIKO 12KITEA GROUP 51KOHL'S 31KONIKOM 67KONZU</a> KIKO 12KITEA GROUP 51KOHL'S 31KONIKOM 67KONZU<a title="CBRE is the world’s leading commercial property and real estate services adviser page 96" href="http://viewer.zmags.com/publication/4fa0dbe9?page=96">92 For more information on the global reta</a> 92 For more information on the global reta<a title="CBRE is the world’s leading commercial property and real estate services adviser page 97" href="http://viewer.zmags.com/publication/4fa0dbe9?page=97">PHOTOGRAPHY ACKNOWLEDGEMENTSAnita Lankuijzen, pa</a> PHOTOGRAPHY ACKNOWLEDGEMENTSAnita Lankuijzen, pa<a title="CBRE is the world’s leading commercial property and real estate services adviser page 98" href="http://viewer.zmags.com/publication/4fa0dbe9?page=98">This document is producedusing paper from sustai</a> This document is producedusing paper from sustai