UKRAINE Eleven shopping centres are under construction in Kyiv with around 749,000 sqm gla, according to Colliers international.
This is more than half of the city’s existing total stock. However, most of the projects were planned before the outbreak of the recent political and military conflicts in the country and there is a high likelihood that the completion of several shopping centres will be postponed to a later date. Some malls could also undergo partial or complete reconception. “There is a high probability that 2016 will not see a large number of new openings. Tsum (Central Department Store) is schedul
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Warehouse developers now more cautious
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