Tokyo’s Ginza has overtaken Sydney into second spot behind Causeway Bay in the latest DTZ/Cushman & Wakefield Asian retail rent rankings. The annual Main Streets Across the World report tracks 462 of the top retail streets around the globe, ranking them by…
Singapore retail is now “a tenant’s market”, realtors warn in the wake of official data showing further decline in boath rental rates and occupancy levels. According to URA data out today (April 22), retail rents fell by 1.9 per cent in the first quarter of…
Singapore retail rents are falling according to the latest figures from real-estate company DTZ Southeast Asia. Average monthly first-storey rent across the island eased by 1.2 per cent quarter-on-quarter to about S$30.15 (US$22.22) a sqft in the first…