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The Global Listed Property Companies Index, provided by S&P/Citigroup, dropped 6% for the first quarter of 2005. However, 75% of countries\' stock exchanges recorded an increase in their listed property companies\' indices.

Over 60 years ago, personalized motor transport in the United States enabled suburban living to develop and decentralized shopping centres began to flourish all across that country. Over time this trend was emulated on a worldwide basis. Now another new US consumer trend is emerging – the hybrid centre.