Location Services Zurich: Zurich reached European 3rd highest retail rents
Un document
Zurich (ots)
- Indication: The complete presse release can be downloaded free
of charge in pdf-Format under
http://www.presseportal.ch/de/story.htx?firmaid=100009835 -In Zurich, rent prices are as high as EUR 4.500/sqm per year making them among the highest in Europe. This places Zurich as the most expensive retail trade location in Switzerland. In comparison: rent prices in Munich, the most expensive location in Germany, reach up to EUR 3.000/sqm - approximately one third below the top rent prices in Zurich. Only in London and Paris is retail space more expensive than in the city of Zurich, the city with the highest purchasing power worldwide, the highest standard of living as well as the highest per capita income in the world. Zurich, the largest city in Switzerland, has a population of 367,000 and 3 million people live in the city's catchment area. Bahnhofstrasse, Zurich's top prime location, will see the addition of Hugo Boss in spring 2006 and beginning in mid-2007, one of the first continental European Apple stores. Location Services Zurich confirms that the prime retail districts of Rennweg, the Limmatquai, Löwenplatz and Niederdorfstrasse are also in very high demand.
In Sihlcity, the new part of the city covering a total area of approx. 100,000 sqm, a shopping centre by the same name will be opening in spring 2007. The area is already in high demand, demonstrating the need for additional retail space in Zurich for proprietors of chain stores.
Contact:
Location Services AG
Marc-Christian Riebe
Bahnhofstrasse 58
8001 Zürich
Tel. +41/44/225'95'00
Fax +41/44/225'95'01
E-Mail: info@location-services.ch
Internet: http://www.location-services.ch