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
The Hungarian Food Bank Association’s Christmas campaign starts on Friday
From Friday to Sunday, as part of the Food Bank’s…
Read more >Márton Nagy: inflation remains at a low level
In accordance with preliminary government indications, inflation remained at a…
Read more >NAV: the public should only order from reliable, well-known online stores
The National Tax and Customs Administration (NAV) advises the public…
Read more >