July 7th, 2019 - 06:53 GMT
Kuwait’s retail demand remains split between popular community centres that have a focus on F&B concepts as well as larger scale regional shopping centres, with the later continuing to demonstrate very high occupancy rates and stable leasing rates - according to a new report by the global real estate advisory firm, CBRE. The Market Snapshot also reveals that development activity across the retail sector remains buoyant with approximately 167,000 square metres of gross leasable area (GLA) set to be handed over between 2020 and 2021. CBRE research indicates that in ...