The rent of commercial premises remained low in the boomtowns of Europe
According to the latest report of CB Richard Ellis (CBRE); New York remained the world's most expensive retail target market, after the traders focus on the capitals of fashion, thus pushing up the rents of the most popular areas.
In the first quarter of 2011, the rising demand for the limited availability of premium shops has led to an increase in rents. In Asia, rents increase without a break, following the expansion of the luxury and “fast fashion” (Benetton, H & M and others) brands. Rents slowed in the American continent but remained positive, while in Europe and in the Middle East, only a slight price increase occured in the previous quarter. On the secondary market, a generally downward movement can be observed – reports tozsdeforum.hu.
Related news
Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >