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MAPIC: Russia is driving force behind CEE retail: Colliers

Posted on 15 November 2012

Retail property rents in Central and Eastern Europe (CEE) are highest in the Russian markets, Colliers International has announced in its Eastern Europe retail market snapshot for Q3 2012.
Euro equivalent rents remain highest in the Russian market with prime high-street rents at EUR 510 ($638) m2/month in Moscow and at EUR 258 ($323) m2/month in St Petersburg. At the other end of the scale, Sofia, Bratislava and Zagreb have the lowest rates at €38 m²/month, EUR 40 m²/month and EUR 45 m²/month respectively. ……………………………………….Full Article: Source


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