EMEA Rents map RETAIL 2012 Accelerating success.
EMEA Retail Rents Q1 2012 NORWAY Oslo 154 q 110 q SWEDEN Stockholm 151 tu 146 tu 170 N/A 5.40% tu 140 N/A Helsinki Tallinn 29 p 44 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 9.50% tu 62 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 55 tu 26 N/A 64 N/A Dubai Abu Dhabi 34 N/A 64 N/A Dublin* 404 tu 305 tu 215 p Glasgow* Manchester* Madrid Edinburgh* UNITED KINGDOM Bristol* 129 tu 210 tu 194 tu 140 tu SPAIN 199 tu 215 tu Leeds* 226 tu 307 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 120 tu 38 tu FRANCE 145 tu 5.10% tu 60 tu 4.41% tu 133 tu 5.55% tu Amsterdam NETHERLANDS Eindhoven Antwerp SWITZERLAND Geneva Utrecht 140 tu 512 q 4.60% p 83 q 5.60% p 113 tu 105 tu DENMARK 108 tu 101 tu Stuttgart 320 tu 4.40% tu 100 tu Düsseldorf Milan 595 p 4.90% p 6.80% p 240 tu 4.25% tu 185 tu Frankfurt 290 p 4.40% tu 290 p Zurich 656 tu 3.50% tu 55 tu 4.50% tu Hamburg 280 p 4.70% tu 180 tu GERMANY Copenhagen 202 tu 106 tu ITALY Rome 440 tu 60 tu 7.00% tu 220 tu 180 tu Berlin Munich 330 tu 3.75% tu 6.25% 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 38 tu 7.25% tu Bratislava Warsaw 79 tu LATVIA SLOVAKIA Budapest Belgrade 70 tu 65 q ALBANIA LITHUANIA SERBIA Tirana 45 q 33 q GREECE Riga 27 p 37 p 8.25% tu Vilnius 32 tu 35 tu UKRAINE ROMANIA Athens 150 tu 45 tu Sofia 75 tu 65 tu 8.50% tu Bucharest 40 tu 32 tu 9.50% tu 42 N/A 14.50% tu Minsk BELARUS BULGARIA Istanbul Kyiv 225 tu 97 tu 225 tu 145 tu Moscow 456 p 237 p 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