Retail Market Commentary
After two years of low level of large scale retail completions, more than 250,000sqm of modern retail space are expected to come onto the Greek market in 2008 and 2009. This will push the current average retail space density from 66sqm/1000 inhabitants to around 87sqm, which is still one of the lowest in Europe.
Major international retail chains that are keen to expand in the country, such as KEA, Leroy Merlin, Media Markt, Village Entertainment Cinemas etc. will be anchoring most of these schemes.
CONTACT
Eri Mitsostergiou
European Research
+30-210-6996 311
emitso@savills.com
