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.
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