2. SPAIN
Challenging the UK's dominant position is Spain with the second-highest presence of international retailers. Spain's position as the second-ranked market a gives new insights into the emerging global significance of its market, says the CBRE report.
It houses 51 per cent of retailers surveyed. Spain's ability to attract global retailers is promoting itself as global retail destination and threatening the UK's title as the 'most international retail market' in the world.
Several countries which have not historically proven attractive to international retailers have enjoyed increased interest over the last few years. Despite its second place global ranking of international retail presence, Spain is a relatively new destination for international retailers.
Strong economic performance has boosted retail sales, generating strong demand for space in high street and shopping centre locations from both domestic and international brands.
Image: Front view of Corte Ingles in Madrid. | Photograph: Carl De Souza/AFP/Getty Images
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