Rental rates are increasing everywhere, but where are they rising the most?
Let's take a look at the top retail rental growth markets in the world, according to Cushman and Wakefield.
...
India
Location: Colaba Causeway
City: Mumbai
Annual rental growth: 75 per cent
Annual rent: $150 per sq ft
Global rank: 1
...
Brazil
Location: Garcia d'avila (ipanema)
City: Rio de Janeiro
Annual rental growth: 64.70 per cent
Annual rent: $155 per sq ft
Global rank: 2
...
The United States
Location: Times Square
City: New York
Annual rental growth: 55.60 per cent
Annual rent: $2,100 per sq ft
Global rank: 3
...
The United States
Location: Lincoln Road
City: Miami
Annual rental growth: 54.80 per cent
Annual rent: $240 per sq ft
Global rank: 4
...
India
Location: Park Street
City: Kolkata
Annual rental growth: 53.80 per cent
Annual rent: $86 per sq ft
Global rank: 5
...
Colombia
Location: Shopping Centre
City: Bogota
Annual rental growth: 41 per cent
Annual rent: $279 per sq ft
Global rank: 6
...
South Korea
Location: Garosugil
City: Seoul
Annual rental growth: 41 per cent
Annual rent: $247 per sq ft
Global rank: 7
...
The United States
Location: Penn Quarter
City: Washington, DC
Annual rental growth: 40 per cent
Annual rent: $140 per sq ft
Global rank: 8
...
Brazil
Location: Sao Conrado Fashion Mall
City: Rio de Janeiro
Annual rental growth: 39.50 per cent
Annual rent: $166 per sq ft
Global rank: 9
...
India
Location: Khader Nawaz Khan Road
City: Chennai
Annual rental growth: 36.70 per cent
Annual rent: $44 per sq ft
Global rank: 10
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