PropertyWeek: "Eternal shoptimists" [Analysis from shopping centre hoodies]

Link to PropertyWeek.com

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" 'Developers have got to be selective about the scale and lot-size, and make sure schemes can be broken down into different phases, so they can adapt to the market,' Alistair Shaw of Stanhope says.

"Phased development is a trick Shaw wants to bring to retail from the office market. Other developers, among them Hammerson at its Eastgate Quarter scheme in Leeds, will follow suit, and revise their schemes to make them more affordable, and to reduce risk."