If New York is the standard, then the store rentals in Váci street are almost for free
In the American and Asian continent, the retail space rents have increased in Europe a decrease can be observed. New York continues to be the most expensive. For a square meter, roughly a thirteen times more has to be paid, then in Budapest.
Acccording to the most recent report of the CB Richard Ellis (CBRE), on the global retail real estate market; he first-class retail space rental fees around the world have stabilized and even increased in some cities, as the economy began to recover and consumer confidence has also improved. The demand for first-class stores, in most of the cities remained strong in the third quarter of 2010.
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