French mall battered by consumer spending crisis
Aubervilliers, France
IN the middle of 2008, construction began on France's biggest mall project in a decade. Weeks later the US credit and housing crisis slammed into Europe, and promoters of Le Millenaire braced for a big hit to their hopes.
Reality was even harsher.
TRENDING NOW
Prima to move out of historic Keppel Road flour mill building in 2028
Temasek-related Azalea, SeaTown, Seviora Capital to merge in 2027
Family offices see more tailored products, leverage ‘collective firepower’ for direct deal access
Singapore room rates soar, but hotels seeing mixed demand from F1 race and events