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Centre managers remain rightfully cautious about the economic outlook and its impact on retail centre performance, despite recent retail trade data suggesting the market has improved.Sentiment improved slightly in the latest Centre Managers’ Survey, with 55% of respondents expecting some growth in sales over the next 12 month (up from 53% in August).Given the continued challenging retail environment, high occupancy levels have been maintained, and centre managers have managed to keep income relatively stable.
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Sunday, 25 November 2012