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":"038e20eca3befe3cd2e666e42528db9b","s":"8a62c181ec0c44f4"}
Share your thoughts. Click here