Luxury Big Retail In Europe

< p > a joint report released by property consultant Knight Frank Lai Fang and construction firm Woods Bagot in January 2014 showed that the rent of high-end shopping malls in second tier cities in China decreased by 2% in 2013, while the vacancy rate rose to 10.9%, higher than 10.2% in 2011 and 2012.

On the contrary, the vacancy rate of the first tier cities in the first tier cities in 2013, the a href= "http://www.91se91.com/news/index_c.asp" and the high-end shopping mall < /a >, dropped from 8.4% in 2012 to 8.1%. The rent of high-end shopping malls in the first tier cities also increased by 8% over the past two years.

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< p > the same happens in major cities of Europe.

Over the past five years, the rents of Place Vendome fondin square, London Bond Street Bond Street and Knightsbridge Knights bridge, Milan Via Montenapoleone Mont Napoleon street have doubled to 12000 euros to 15000 euros per square meter in Paris.

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< p > since 2012, its large luxury group and < a href= "http://www.91se91.com/news/index_c.asp" > dress retailing enterprise < /a > have begun to set up retail real estate in Europe and America.

In October 2012, Cie. Financiere Richemont SA (CFR.VX), the peak group, acquired about $375 million for the retail real estate of St. Regis Hotel The St Regis Hotel located in Fifth Avenue, New York. Before 2011, the Zara parent company and the world's largest clothing retailer Inditex SA (Zara) spent 324 million dollars on Fifth Avenue's 39000 square feet of retail space as flagship store.

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< p > according to statistics, the LVMH group has spent hundreds of millions of euros each year to acquire major cities' a href= "http://www.91se91.com/news/index_c.asp" > retail real estate < /a >: in 2011, it purchased No.4 Place Vendome for more than 200 million euros; in 2012, it had acquired more than 300 million properties of London New Bond.

Herm s International SCA (HRMS.PA) Hermes International Group acquired its Beverly Hills Beverly Hills flagship store property for $75 million in 2013. In 2009, it defeated Chanel Chanel to buy its property in New Bond Bond at 75 million pounds from the jewelry brand Asprey.

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At the end of P > 2013, Swatch Group SA (UHR.VX) Swatch Group acquired the G. Lorenzi boutique located in the famous Via Montenapoleone street in Milan, Italy, and wanted to pform it into a group of Omega OMEGA and Breguet Baoji flagship store.

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< p > even the rising star Prada SpA (1913.HK) Prada group also spent 130 million euros in acquiring several properties of Old Bond Street in 2013. According to the real estate consultant industry, Prada SpA (1913.HK) Prada group recently repelled its competitors in Geneva, Zurich and Milan in advance of 20 million euros and contended for its competitors in the retail real estate market. The real estate consultant even said that a Prada based on the leasing property was Prada's spoiler.

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