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British shops rent gap record

Latest survey shows that the UK commercial real estate rent gap, a record 25 record, the most recession business district, only 2.5% of the rent of the most prosperous regions pavement pavement rent.


Real estate agents Collier International survey of 400 business district. Data show that in 1987, the average high-end business district of the capital London Bond Street pavement rent per square foot, 175 pounds (about $ 277); the Sade Bo Town, East Anglia, rent a minimum of 15 pounds per square foot ($ 24).


The

this 2, the Italian shoemaker Salvatore · Feilajiamo pavement rent in Bond Street to 1000 pounds per square foot (1580 U.S. dollars); in northeast England Hui Te Libei town, rent for 25 pounds ($ 40).


Mediated Collier International, Inc. Investigation Department officer Richard Deutch said: “rent gap since the survey began in 1987. Previously always talking about the English North-South gap. Now, central London and the United Kingdom the rest of compared to more accurate over the past two to accelerate the expansion gap. “


Procurement of foreign tourists in Bond Street luxury, pushing up the prices of shop rental; the other hand, the British Government to major cuts in budget expenditure, people reduced purchasing power, then many of the business district business downturn.

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