The History of Shopping Center Development

Seminar paper from the year 2008 in the subject Business economics - Miscellaneous, grade: 2,0, Nürtingen University, course: Real Estate Management, 15 entries in the bibliography, language: English, abstract: Shopping centers continue to be a very successful land use, real estate and retail concept, but there has been a significant change since the development of the first shopping centers in the USA. Today, shopping centers are not only shopping destinations anymore. A modern shopping center offers a wide range of possibilities. Shopping, dining, entertainment, sports and recreation is consolidated and so it becomes more and more an amusement function. The purpose of this paper is to show the history of shopping center development. But it won't be focused on the history only. As shopping center activity continues worldwide, also the current situation, new trends and future developments will be illustrated as well as an insight into the new shopping center market of Asia, which is one of the most growing markets at the moment, will be given.

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