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Shopping centers: prime rents in selected European cities Q4 2015-Q4 2019

Prime locations for shopping centers include main streets and city centers of European cities, and factors such as the main flow of customers, the amount of space to handle the sales volume expected, as well as the direct competition and neighbors all have a great impact on projected sales. Specifically, space requirements must be carefully tailored to usage requirements, as rent typically proves to be high.

Rental prices of prime shopping centers real estate in Europe

According to the data presented, the most expensive retail space in shopping centers was rented out in Dublin, where on average prices were 3.5 thousand euros per square meter per year as of the second quarter of 2017 onwards.

Coronavirus and commercial real estate

Among the many impacts of the coronavirus (COVID-19) are the drop in foot traffic and sales at high street shops and shopping centers due to the lockdown and social distancing measures, but also the increase of e-commerce. Shopping out of the convenience of your own home increases the focus on the importance of logistical warehousing real estate.

Rental prices of prime shopping center real estate in selected European cities from the 4th quarter 2015 to the 4th quarter 2019

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Source

Release date

April 2020

Region

Europe

Survey time period

4th quarter 2015 to the 4th quarter 2019

Supplementary notes

Shopping Centre rents are based on prime covered shopping malls, quoted on best position, 100 sq m units.
Data prior to the 4th quarter 2019 were collected from previous reports.

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Statistics on "Commercial real estate in Europe"

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