According to Colliers International, in the first quarter of 2012, Tverskaya entered the seven most expensive shopping areas in Europe. The rental rate on this street for retailers exceeds $ 7 thousand for 1 square. m, which is almost two times more expensive than renting a room in shopping centers.
In January-March, the average rental rates in street retail premises (first floors of buildings from 100 to 200 sq. M.) On Tverskaya amounted to $ 7,18 thousand per 1 sq. M. m, which is only 0,2% lower than in the first quarter of 2011. Such calculations are contained in the Colliers International report released yesterday. Like last year, Tverskaya closes the seven most expensive shopping streets in Europe. The list is headed by London's West End, where rates in January-March this year amounted to $ 16,9 thousand per 1 sq. M. m, which is 12,5% higher than in the same period last year. On the Champs Elysees of Paris, although rates decreased by 4,2% - to $ 13,1 thousand per 1 sq. m, but this shopping area is still the second largest in Europe.
According to Colliers International, Moscow is also included in the list of cities with high rental rates in shopping centers, where premises in the first quarter could be rented for an average of $ 3,7 thousand per sq. M. m, which is almost two times cheaper than on Tverskaya. London remains the most expensive city in Europe for retailers, where rates in shopping centers in January-March reached $ 1 thousand per 7,6 sq. M. m.
However, there is no consensus among the consultants either regarding Moscow's place in the list of expensive cities in Europe, or regarding the most expensive shopping street. For example, Jones Lang LaSalle (JLL) believes that the most expensive shopping street in the Russian capital is Stoleshnikov Lane, where, at the end of last year, rental rates reached $ 7 per sq. M. m, while on Tverskaya - $ 1 thousand per 5 sq. m (such a study is carried out by JLL once a year). The main owner of real estate in Stoleshnikov is the owner of "JamilKo" (seller of luxury goods) Khaled Jamil. And at the rate in Moscow shopping centers, where rent in the first quarter of this year cost $ 1 thousand per 4 sq. m, according to JLL, and took first place at all, overtaking London ($ 1 thousand per 3,6 sq. m). The consultants themselves explain the difference in numbers in the calculation methodology: some take the maximum rates, others - the average.
Moscow will retain its position in the ranking of the most expensive cities in Europe throughout 2012, given that vacant space on the main shopping streets and shopping centers of the capital is minimal (5-7% and 3%, respectively), predicts Tatiana Klyuchinskaya, director of the retail real estate department at Colliers International. Svetlana Yarova, head of the street retail department at JLL, expects that the rent of the most liquid premises on the main shopping streets of Moscow by the end of the year may rise in price by 15-20%. Based on materials from the Kommersant newspaper.
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