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Europe: Five Largest Shopping Centres & Retail Malls Construction Projects Started in Q1 2022

  • With a project value of $230 million, the KH – The Westwood Park Mixed-Use Development – Fife project was the largest Shopping Centres & Retail Malls project in the Europe, on which construction started in Q1 2022. The KH – The Westwood Park Mixed-Use Development – Fife project is located in United Kingdom and initially announced in Q1 2012 with an estimated completion in Q3 2030. The NEPI – Promenada Craiova Shopping Mall – Olt County project was the second-largest project with a project value of $131 million, on which construction work started in Q1 2022. The NEPI – Promenada Craiova Shopping Mall – Olt County project is located in Romania and initially announced in Q3 2019 with an estimated completion in Q4 2023.

  • The B&L – Bahnhofstrasse Commercial Building – Saarbruecken project was the third-largest project, the MSP/PK – Alba Iulia Retail Mall – Alba was the fourth-largest project, and the KIG – Way Caceres Commercial Park – Extremadura was the fifth-largest project with a project value of $55 million, $49 million and $39 million respectively. The B&L – Bahnhofstrasse Commercial Building – Saarbruecken project located in Germany was announced in Q1 2019 with an estimated completion in Q1 2023, the MSP/PK – Alba Iulia Retail Mall – Alba project located in Romania was announced in Q1 2021 with an estimated completion in Q4 2022 and the KIG – Way Caceres Commercial Park – Extremadura project located in Spain was announced in Q1 2020 with an estimated completion in Q4 2023.

  • Among the five largest projects, the KH – The Westwood Park Mixed-Use Development – Fife project is the longest in terms of completion date, with construction expected to be completed in Q3 2030. On the other hand, the MSP/PK – Alba Iulia Retail Mall – Alba project is the shortest in terms of completion date, with construction expected to be completed in Q4 2022.

Europe: Five Largest Shopping Centres & Retail Malls Construction Projects Started in Q1 2022

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
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