How much is the rent of shopping?

Consulting company Cushman & Wakefield published a ranking of the most expensive in the cost of renting commercial streets in the world. Here is the ninth consecutive year, remains the undisputed leader of New York, reports Lenta.ru. Only a year rents on Fifth Avenue increased by 8,8%, reaching 16.26 thousand euros. per square meter per year. Second place also won last year's leader - Street Causeway Bay in Hong Kong. Here, the rental price for the year increased by 9,6%, on average, now it is around 14.62 thousand euros. By a considerable margin closes the top three Tokyo Ginza, where rental costs around 7-8 thousand euros. Fourth place was taken by street in New Bond Street, which is based in London. Rents there for the year increased substantially (by 19,4%) and are now at a level of 7.3 thousand euros. At the fifth place is another European city - Paris. However, now rented commercial space on the Champs-Elysees has become cheaper by 9.5% (6,9 thousand euros). Next comes the Milan Via Montenapoli (6,7 euro per sq m per year), Zurich's Bahnhofstrasse (about 6 thousand euro), Meyongdong in Seoul (4,8 thousand euros), Pitt Street Mall in Sydney (4 thousand euro), as well as Kaufingerstrasse in Munich (3,7 thousand euros). As for Moscow, the Russian capital's most expensive shopping street remains the Tverskaya street. In general, the ranking it has risen over the year by one position and is now at 15 seats. Those wishing to rent a square meter here would have to fork out for 2.8 thousand euros per square meter per year. Also the most expensive street in Moscow remain Stoleshnikov lane and Petrovka. Recall that a recent Cushman & Wakefield has published another rating on European commercial real estate market. According to the results of this analysis, Russia has become the leader in shopping centers. Thus, the first half of 2010 in our country was built 428.5 thousand square meters. meters of shopping centers, 41% of which goes to Moscow. In total, under construction in Russia is currently 2.3 million sq ft of retail space.