As the economic recovery continues to gather pace, regional areas are beginning to feel the benefits that were for some time limited only to London and the South East. Although wide variations remain, the regional commercial property markets have been showing... Read More
Tenants in Piccadilly’s historic Burlington Arcade fear they may be forced out by massive rent rises. The concerns emerged after the owner revealed that an un-named perfume retailer is close to signing a lease agreement at six times the current... Read More
Aurora Fashions has announced that it is currently negotiating with landlords in an attempt to reduce the cost of renting stores to house its subsidiary chains. The group, which owns brands such as Oasis, Coast and Warehouse, has warned that if no deal can be... Read More
Over the past 10 years, retail property rents in Hong Kong have increased several times in locations like Causeway Bay and other prime shopping districts. These areas are home to luxury stores that attract numerous tourists from mainland China. These... Read More
Hong Kong and New York City began 2012 as the two most expensive retail rental markets in the world and they ended the year in the same positions, according to CBRE’s third quarter MarketView research report. On Fifth Avenue rents have increased by 17... Read More
