30.11.2009 - New York still world's most expensive retail location

From Cbre.co.uk: Prime retail rents began to stabilise in many markets across the world in the third quarter (Q3) of 2009, as economic and retail indicators started to show signs of greater stability and retailer confidence gained positive momentum. Retail rents globally fell by an average of 1% from the second quarter to the third quarter of 2009, according to CB Richard Ellis Group Inc.’s latest Global MarketView on the retail sector.................................Full Article: Source

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