Cushman & Wakefield

While property rents continue to decline across the Greek market, leases for commercial properties on Ermou street in dowtown Athens and Metaxa street in the southern suburb of Glyfada are on the rise. According to data released by Propius consultancy firm, which collaborates with Cushman & Wakefield, rent costs were up by 7% at the end of March compared to 2016.

Store rental rates in a number of popular shopping districts in Athens and Thessaloniki posted their first increase since 2008 last year, as retail chains rushed to make the most of the huge stock of empty stores to obtain high-profile locations.

Ermou street in the centre of Athens is the 25th spot of the most expensive shopping streets in the world, according to an annual released by Cushman & Wakefield, an international property consultancy company. According to the data, it costs 2,340 euros per Sq/m to rent on Ermou St, which despite the financial crisis jumped two spots in the list from 2015. Ermou St.

Bulgaria has risen 5 places in the ranking of the most expensive High Streets in the world prepared by consultancy company Cushman&Wakefield.

In 2016, Bulgaria occupies the 52nd position, compared to 57th in 2015.

The monthly rent in Vitoshka St ranges between EUR 44 and EUR 46 per sq m.

Real estate deals with business property in Bulgaria, signed over the period January-September 2016, amounted to EUR 225 M, showed a survey carried out by consultancy company Forton and unlisted company Cushman&Wakefield.

Turkey has been named the best place to site manufacturing plants in Europe, ranking eighth in the world in a fresh report from property consultant Cushman & Wakefield. 

China has lost its top position in the world to Malaysia due to a rise in labor costs, according to the report, titled "Where in the World? Manufacturing Index 2015." 

Bulgaria ranks as the third most perspective destination in the world for locating manufacturing facilities.

This is revealed by the latest annual report of Cushman & Wakefield entitled "Where in the world? Manufacturing index 2015", daily Sega informs.

Turkey's housing market has become a subject of debate among property market circles, with prices soaring dramatically in recent months. Those who like computer games may be familiar with "Bubble Trouble" - a fun game for children. The mission is to pop all the bubbles in order to advance to the next level.