Not in Australia. We've probably had over $2 billion in re-development and upgrades integer biggest six shopping centres around the city I live in over the last three years... The one a ten minute drive from my house is wrapping up a two year, $450 million upgrade this half of the year. Pretty crazy, but they are doing pretty well making them places where you might actually want to be, which is important now online shopping has meant they are no longer places you need to go.