Research
November 24, 2015
"Global Luxury Retail: A Divergent Market" image
By Forrest Cardamenis
Lagos, Nigeria and Mumbai, India are poised to become major players in the luxury world, according to a new report by commercial real estate services adviser CBRE.
{"ct":"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","iv":"b3c8a017b508ca786f7728a807d0238a","s":"db96cfce2f0688a7"}
Share your thoughts. Click here