Hongkong Tongluowan into the world's most expensive shopping area beyond Fifth Avenue

����HongkongThe number of tourists every year a new high, also promote the local rent "rising". According to the statistical report Cushman & Wakefield published 14, HongkongTongluowanSuccess.New YorkMacton Fifth Avenue "11 years of dominance", become a global retail shops rent the highest city, per square foot (1 square feet of about 0.093 square meters) a year the average rent, $2630.

62 national survey of a total of 326ShoppingIn the place, 147 rent record rise, only 49 record down. By demand and leasing activity driven surge, Tongluowan rental growth of 34.9%, rising to $2630 per square foot, beyond Fifth Avenue in New York for $2500 per square foot, to become the world's most expensive shopping area.

The global ten big lots of expensive shopping area of the largest rental growth area forParisChamps Elysees, the rent per square foot, $1129, in one fell swoop jumped two to third, the rent per square foot off the $1057TokyoGinza.

The remaining five to ten of the most expensive areas respectively, Sydney Pitt Street shopping district,LondonThe New Bond Street, Zurich station street,MilanNapoleon hill,SeoulMyeong-dong andGermanyJoe Griffin street, the rent per square foot ranged from 495 to 952 dollars.

In addition, Hongkong and arranged ten of the Asia-Pacific region the most expensive shopping area of the top three, including Tongluowan,CentralAndTsim Sha TsuiBut in Tongluowan, the rent per square foot far outstripped the central $1856, the remaining 7 most expensive locationJapanAccounted for 3,AustraliaAndThe Republic of KoreaAccounted for 2.

Achieve the global retail service director John Strachan said, the annual survey of notable is, because the new international retailers a variety of products to be eager for a fight, it is difficult to find a shop, and the existing brand intends to expand, the limited land plus, Hongkong shops rent soared 21.8%. Despite the slowing in economic activity, retailers are still regarded Hongkong as a springboard into the Chinese mainland market. (source: chinanews.com)

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