Property News · January 27, 2016

London prime shop rents leap 9% in last quarter of 2015


Luxury retailers battle for prime central sites in trend towards operating fewer but more high-profile storesRents for prime central London shops soared 9% in the final quarter of 2015, the fastest growth since 1988, as luxury retailers battled over a limited number of sites in the capital’s hottest locations. Over the whole year, rents in the heart of the capital rose by an average 18%. Related: Crossrail 1, St Giles 0: farewell to one of London’s last wild corners Continue reading…

Source : theguardian.com
Read more…London prime shop rents leap 9% in last quarter of 2015