Capital Shopping sees mall space demand rising
Capital Shopping Centres , the UK’s largest mall owner, saw a “discernible improvement” in demand for its properties, notably from retailers chasing a short supply of larger shop units.
“The impact of the reduced supply of new high quality retail space is increasingly apparent in letting negotiations,” Chief Executive David Fischel said in a trading update. Occupancy at CSC’s established centres is 98.8%…..
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