Barneys New York Inc. filed for bankruptcy protection from its creditors after getting squeezed by rising rents and fewer visitors to its luxury fashion boutiques.…
Barneys New York Inc. filed for bankruptcy protection from its creditors after getting squeezed by rising rents and fewer visitors to its luxury fashion boutiques.…
According to global real estate consultant CBRE Group, New York’s Fifth Avenue commands the world’s highest prime rents for retail space as rent gains in the Americas and Europe outpaced t…
The outlook for Singapore’s retail sector for the last three months of the year remains subdued, with weak retail rents made worse by retailers consolidating outlets to streamline cost, reports…
Retail rents in Hong Kong’s Causeway Bay area are the second most expensive in the world with a square foot of space on offer for about $2,400 per year.…
Landlords of ground-level shops in Hong Kong have not only slashed rents significantly — they’re also offering extremely short tenancy periods, even in prime locations.…