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Global Retail Rents Fuelled by High-End Brands

Global Retail View | Q4 2013

CBRE’s quarterly ranking of 97 prime retail locations/markets across the globe shows that competition in the world’s leading cities is getting even stronger. This demand is being fuelled by high-end retailers willing to pay record rents for the most coveted shops, while development levels are at historic lows resulting in a shortage of prime retail space.

Hong Kong is by far the world’s most expensive city for global retailers while prime rents in major markets such as New York, Paris and London continue to reach record-breaking levels.

Download the Global Retail View | Q4 2013

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