Kuwait’s retail sector poised for solid growth
Kuwait’s retail sector is witnessing major development activity with 167,000 sq m of gross leasable area (GLA) set to be handed over between 2020 and 2021, according to global real estate advisory firm, CBRE. The country's retail demand remains split between popular community centres that have a focus on F&B (food and beverages) concepts as well as larger scale regional shopping centres, with the later continuing to demonstrate very high occupancy rates and stable leasing rates, stated CBRE....
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