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.
According to the results of January-March, the average rental rates in street retail premises (the first floors of buildings from 100 to 200 sq. M) on Tverskaya Street amounted to $ 7,18 thousand per 1 sq. 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 the London West End, where rates in January-March of this year amounted to $ 16,9 thousand per 1 sq. m, which is 12,5% higher than the same period last year. On the Champs Elysees of Paris, though rates have decreased by 4,2% - up to $ 13,1 thousand per 1 sq. m, but this shopping area still ranks second in Europe.
According to Colliers International, Moscow is also included in the list of cities with high rental rates in shopping centers, where the area in the first quarter could be rented on average for $ 3,7 thousand for 1 square. m, which is almost two times cheaper than on Tverskaya. London remains the most expensive city in Europe for retailers, where in January-March rates in shopping centers reached $ 7,6 thousand per 1 sq. m
However, among the consultants there is no consensus on either Moscow’s place in the list of expensive European cities or the most expensive shopping street. So, Jones Lang LaSalle (JLL) believes that in the Russian capital the most expensive shopping street is Stoleshnikov Lane, where last year rental rates reached $ 7 thousand per 1 sq. m, while on Tverskaya - $ 5 thousand for 1 square. m (such a study JLL conducts once a year). The main owner of real estate in Stoleshnikov is the owner of JamilCo (a seller of luxury goods) Khaled Jamil. And at the rate in Moscow shopping centers, where rent in the first quarter of this year cost $ 4 thousand per 1 square. m, according to JLL, and completely took first place, ahead of London ($ 3,6 thousand for 1 sq. m). The consultants themselves explain the difference in numbers in the calculation methodology: some take the maximum rates, others take the average.
Moscow will retain its position in the ranking of the most expensive European cities themselves throughout the 2012 of the year, given that the vacant space on the main shopping streets and shopping centers of the capital is minimal (5-7% and 3%, respectively), Tatyana Klyuchinskaya, director of retail real estate department at Colliers International, predicts. Svetlana Yarova, head of the JLL street retail department, expects that renting the most liquid premises on the main shopping streets of Moscow by the end of the year could increase in price by 15-20%. According to the materials of the newspaper Kommersant.