European retail park floorspace increases by 2.2% in 2018

European retail park floorspace increased by 2.2 percent to 50.1 million sqm in 2018, with France and Spain leading the way in terms of new schemes, according to C&W’s latest report. The report reveals that 995,000 sqm of new retail park space was completed in Europe last year, down 15 percent from 2017. A stable development trend is expected going forward, with 1.4 million sqm of new retail park space scheduled to be delivered in 2019 and 2020. A growing number of schemes below 5,000 sqm are expected to boost the number of openings, according to C&W.