Iberian Peninsula: Full shopping center pipeline despite of economical problems
Despite the economical problems in Spain and in Portugal the shopping center industry feels optimistic: With 1,5 millions sqm GLA planned in shopping centers in Spain and about 1 million sqm in...
Whilst the prosperity lives in Vienna`s first district, the poorest communities in Austria can be found in weak developed regions in Carinthia, Styria and Burgenland.
Last year`s negative economical development influenced Europe`s purchasing power only slightly. In total the average purchasing power of an European stagnated in 2009.
Hungary`s economy weakened long before the worldwide financial and economical crisis. Nevertheless, the increase of purchasing power in the past years in this country was noteable.