Champs Élysées Retail Rents On The Rise

News: US-based real estate services firm Cushman & Wakefield has said the cost of retail space along Avenue des Champs Élysées in Paris is on the rise, reports WSJ. According to the company, the improving fortunes of the district have been driven largely by international tourism. It was noted that annual rents along Champs Élysées, which connects Arc de Triomphe with Place de la Concorde, are currently averaging US$17,770 per square metre.

News: US-based real estate services firm Cushman & Wakefield has said the cost of retail space along Avenue des Champs Élysées in Paris is on the rise, reports WSJ. According to the company, the improving fortunes of the district have been driven largely by international tourism. It was noted that annual rents along Champs Élysées, which connects Arc de Triomphe with Place de la Concorde, are currently averaging US$17,770 per square metre.

This article is tagged to:
Sector: Real Estate
Geography: France
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