Shopping centers: prime rents in selected European cities Q2 2015-Q2 2019

The statistic displays the rental prices for shopping centers in prime locations in selected leading European cities as of the from the second quarter of 2015 to the second quarter of 2019, expressed in euros per square meter annually.

Prime locations for shopping centers include main streets and city centers of the European cities, and factors such as the main flow of customers, 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, the space requirements have to be carefully tailored to the usage requirements, as rents typically prove to be high. According to the data presented, the most expensive retail space in shopping centers were rented out in Dublin, where prices were on average 3.5 thousand euros per square meter per year as of the second quarter 2017 onwards.

Rental prices of prime shopping center real estate* in selected European cities from the 2nd quarter 2015 to the 2nd quarter 2019

DublinMoscowViennaParisBrusselsBerlinZurichWarsawGenevaMilanBarcelonaMadrid
Q2 20193,5003,0991,9201,8001,6501,3801,3511,2001,027900600600
Q2 20183,5003,5001,3202,5001,8001,3801,3221,8001,140900600600
Q2 20173,5003,0671,3202,5001,8001,3801,3721,8001,043850600600
Q2 20163,1003,1521,3202,5001,8001,3801,3691,8001,041850552530
Q2 20152,7003,4421,3202,2001,8001,3801,4331,2001,100850552530
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Source

Release date

October 2019

Region

Europe

Survey time period

2nd quarter 2015 to the 2nd 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 2nd quarter 2019 were collected from previous reports.

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   Prices do not include sales tax.

Statistics on "Commercial real estate in Europe"

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