- January 1, 2013: Vol. 25, Number 1

To read this full article you need to be subscribed to Institutional Real Estate Americas

Retail Revival: Rental Rates Hang Tough Around the Globe

by Denise DeChaine

Despite a backdrop of a lethargic global economy and continued uncertainty surrounding the euro zone, prime retail rents were resilient over the year to June 2012, according to Cushman & Wakefield’s latest Main Streets Across the World report.

An expansion of 4.5 percent provided for a largely positive growth picture, with rents rising in 147 of the 326 locations surveyed, but declining in 49.

Globally, rental appreciation was driven by strong performance in the Americas and Asia Pacific. The Americas registered the largest expansion at 10.9 percent. The report also stated that alongside emerging South American markets, rises in North American locations had a stronger impact than in the previous year.

Across Europe, the Middle East and Africa (EMEA), retail sector performance remained deeply polarized during the past year, with premier locations att

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy