EMEA Rents map - Colliers International

EMEA
Rents map
RETAIL 2012
Accelerating success.

EMEA Retail Rents Q1 2012
NORWAY
Oslo
€154 q
5.50% tu
€110 q
5.25% tu
SWEDEN
Stockholm
€151 tu
4.75% tu
€146 tu
5.00% tu
€170 N/A
5.40% tu
€140 N/A
5.25% tu
Helsinki
Tallinn
€29 p
N/A tu
€44 tu
7.50% tu
FINLAND
ESTONIA
Saint Petersburg
€214 p
13.00% q
€105 p
12.00% q
RUSSIA
Cairo
EGYPT
Key
€37 N/A
10.00% N/A
€49 N/A
17.00% N/A
SAUDI
ARABIA
Prime High Street Rent (EUR/sq m/month)
Prime High Street Yield
Prime Shopping Centre Rent (EUR/sq m/month)
Prime Shopping Centre Yield
Definitions
€50 tu
9.50% tu
€62 tu
11.00% tu
Riyadh
• Prime High Street Rent: Top open market rent that could be expected
for a unit of standard size within the market - typically 100 to 200 sq m.
The figure does not include service charges and taxes, and does not
reflect tenant incentives.
UNITED
ARAB
EMIRATES
• Prime High Street Yield: The net yield an investor is prepared to pay for
a prime retail asset, fully-let to high quality tenants at an open market rent
in a prime high street location. Net yield = net income/gross purchase cost.
• Prime Shopping Centre Rent: Top open market rent that could be
expected for an in-line unit of standard size within a prime centre.
The figure does not include service charges and taxes, and does not
reflect tenant incentives.
• Prime Shopping Centre Yield: The net yield an investor is prepared to pay
for a prime shopping centre asset, fully-let to high quality tenants at open
market rents. Net yield = net income/gross purchase cost.
Please note that the figures quoted represent an approximate guide only.
Our objective is to provide data not long after the date to which it is relevant.
Consequently some of these figures are subject to change at a later date if
more information comes to light.
Figures are as at 31st March 2012.
Arrows indicate expected movement over the next 12 months.
* Figures represent Zone A Rents
IRELAND
PORTUGAL
Lisbon
€73 tu
7.50% tu
€55 tu
7.50% tu
€26 N/A
N/A N/A
€64 N/A
N/A N/A
Dubai
Abu Dhabi
€34 N/A
N/A N/A
€64 N/A
N/A N/A
Dublin*
€404 tu
7.50% tu
€305 tu
8.00% tu
€269 tu
5.00% tu
€215 p
5.75% tu
Glasgow*
Manchester*
Madrid
€200 tu
5.50% tu
€50 tu
6.50% tu
€269 tu
5.25% tu
€269 tu
5.75% tu
Edinburgh*
UNITED
KINGDOM
Bristol*
€129 tu
6.50% tu
€210 tu
6.00% tu
€194 tu
5.50% tu
€140 tu
5.75% tu
SPAIN
€199 tu
5.50% tu
€215 tu
5.75% tu
Leeds*
€226 tu
5.50% tu
€307 tu
5.75% tu
Birmingham*
London*
€1076 p
3.75% q
€484 p
5.00% q
The Hague
Rotterdam
BELGIUM
Paris*
€833 tu
4.50% tu
€117 tu
4.75% tu
€120 tu
5.00% tu
€38 tu
6.00% tu
FRANCE
€145 tu
5.10% tu
€60 tu
€200 tu
4.41% tu
€133 tu
5.55% tu
Amsterdam
NETHERLANDS
Eindhoven
Antwerp
SWITZERLAND
Geneva
Utrecht
6.00% tu €140 tu
5.50% tu
€110 tu
6.00% tu
€512 q
4.60% p
€83 q
5.60% p
€113 tu
5.00% tu
€105 tu
6.00% tu
DENMARK
€108 tu
5.00% tu
€101 tu
6.00% tu
Stuttgart
€320 tu
4.40% tu
€100 tu
5.50% tu
Düsseldorf
Milan
€595 p
4.90% p
€50 tu
6.80% p
€240 tu
4.25% tu
€185 tu
6.00% tu
Frankfurt
€290 p
4.40% tu
€290 p
5.75% tu
Zurich
€656 tu
3.50% tu
€55 tu
4.50% tu
Hamburg
€280 p
4.70% tu
€180 tu
6.00% tu
GERMANY
Copenhagen
€202 tu
4.75% tu
€106 tu
5.50% tu
ITALY
Rome
€440 tu
6.00% tu
€60 tu
7.00% tu
€220 tu
5.00% tu
€180 tu
6.50% tu
Berlin
Munich
€330 tu
3.75% tu
€90 tu
5.75% tu
€200 tu
6.25% tu
€90 tu
6.50% tu
Prague
CZECH REPUBLIC
Vienna
€400 p
4.25% p
€80 tu
6.00% p
AUSTRIA
Zagreb
€75 tu
8.00% q
€25 tu
8.00% q
POLAND
HUNGARY
CROATIA
€40 tu
8.00% tu
€38 tu
7.25% tu
Bratislava
Warsaw
€90 tu
7.50% tu
€79 tu
6.50% tu
LATVIA
SLOVAKIA
Budapest
Belgrade
€110 tu
8.00% tu
€70 tu
9.00% tu
€110 tu
7.50% tu
€65 q
7.50% tu
ALBANIA
LITHUANIA
SERBIA
Tirana
€45 q
10.00% tu
€33 q
10.00% tu
GREECE
Riga
€27 p
9.00% tu
€37 p
8.25% tu
Vilnius
€32 tu
N/A tu
€35 tu
8.00% tu
UKRAINE
ROMANIA
Athens
€150 tu
8.00% tu
€45 tu
8.00% tu
Sofia
€75 tu
9.00% tu
€65 tu
8.50% tu
Bucharest
€40 tu
9.00% tu
€32 tu
9.50% tu
€42 N/A
N/A tu
N/A tu
14.50% tu
Minsk
BELARUS
BULGARIA
Istanbul
Kyiv
€225 tu
11.00% tu
€97 tu
11.00% tu
€225 tu
6.50% tu
€145 tu
6.50% tu
Moscow
€456 p
N/A tu
€237 p
10.00% tu
TURKEY
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own
inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2012. All rights reserved.

Colliers International
Colliers International is the leader in global real estate services defined by
our spirit of enterprise. Through a culture of service excellence, and a shared
sense of initiative, we have integrated the resources of real estate specialists
worldwide to accelerate the success of our clients.
When you choose to work with Colliers, you choose to work with the best.
In addition to being highly skilled experts in their field, our people are
passionate about what they do. And they know we are invested in their
success just as much as we are in our clients’ success.
The foundation of our service is the strength and depth of our specialists.
Our clients can depend on our ability to draw on years of direct experience
in the local market. Our professionals know their communities and the
industry inside and out. Whether you are a local firm or a global organisation,
we provide creative solutions for all your real estate needs.
Our services include:
Brokerage Sales and Leasing
• Landlord Representation
• Tenant Representation
Corporate Solutions
Development Solutions
Investment Services
Project Management
Real Estate Management Services
Valuation and Advisory Services
We cover the following core sectors as well as many specialised sectors:
Office
Industrial and Logistics
Retail
Hotel
Residential
Mixed use

Retail Services
Whether advising on major shopping centres or individual units, in-town or
out-of-town, on main streets or retail parks, Colliers International offers a
wide range of transactional and consultancy services for landlords, investors,
and retailers in the EMEA and globally.
Our retail specialists provide a comprehensive range of services including
planning and development consultancy, feasibility studies, tenant mix, funding
advice, valuation, marketing and leasing, property and facility management,
investment services, and much more.
Access to local market knowledge around the world in both capital and
secondary cities enables Colliers to provide creative solutions to client needs
by drawing on a range of expertise – including research, planning, valuation,
project management and marketing. Investment and asset management
specialists are brought in whenever a project will benefit from the application
of their skills, enabling Colliers to provide portfolio reviews, investment
strategies, advice on funding and other relevant expertise.
Committed to maximising the return on investment for developers of retail
projects, Colliers creates value for clients by providing advisory services
from the concept development phase, through the management of the project
to implementation of the marketing and leasing process, and finally to the
investment sale.
Colliers’ track record is unmatched – especially in the newer markets in
Europe, the Middle East and southern Africa where we are the leading retail
service provider.

EMEA
Retail Contacts:
Albania
+355 4 2 400 470
Stela Dhami
Austria
+ 43 1 535 53 05 22
Stefan Goigitzer
Belarus
+375 172 569 569
Andrey Pavlyshko
Belgium
+32 3 224 89 89
Els de Clerq
Bulgaria
+359 2976 99 76
Iglika Yordanova
Croatia
+385 98 9830 662
Nenad Peris
Czech Republic
+420 226 537 618
Chris Sheils
Denmark
+45 585 83810
Bjarne Gothenborg
Estonia
+372 616 0777
Svetlana Mitrofanova
Finland
+358 400 719 920
Ari Isohella
France
+33 1 56 88 92 90
Henri-Claude Yautier
Germany
+49 711 22 733 23
Falko Streber
Greece
+30 210 68 32 440
Dimitris Voutsas
Hungary
+36 1 336 4222
Anita Csorgo
Ireland
+353 1 633 3732
Declan Stone
Italy
+39 02 67 16 02 01
Carlo Losa
Latvia
+371 6 778 3333
Jana Meirane
Lithuania
+370 52 491 212
Mindaugas Kulbokas
Netherlands
+31 205 405 560
Jaap van Rhijn
Norway
+47 22 96 02 40 83
Christian Petersen
Poland
+48 513 220 527
Gary Thursby
Portugal
+351 21 350 5841
Joaquim Chambel
Romania
+40 21 319 77 77
Georgiana Andrei
Russia (Moscow)
+7 495 258 51 51
Galina Maliborskaya
Russia (St Petersburg)
+7 812 7183618
Roman Evstratov
Saudi Arabia
+966 1 217 9997
Ahmad Ali Al Jonubi
Serbia
+381 11 313 99 55
Maja Sahbaz
Slovakia
+421 259 980 980
Robert Bernath
Spain
+34 91 436 0925
Neil Livingstone
Sweden
+46 70 575 02 43
Kjell Lexbom
Switzerland
+41 43 210 51 00
Yonas Mulugeta
Turkey
+90 212 288 6262
Asli Senan
Ukraine
+380 44 499 0000
Natalia Kravets
United Arab Emirates
+971 4 453 7400
Stuart Gissing
United Kingdom
+44 20 7935 4499
Stuart La Frenais
EMEA Headquarters
+44 20 7935 4499
emea.retail@colliers.com
www.colliers.com/EMEAretail