Chanel Buying Losangeles'S Retail Real Estate Is A Real Tyrant.

Recently, the news of the clothing industry is more than one. Yesterday, a source of information came from Chanel, who bought Losangeles's Beverly Hills Beverly Hills Rodeo Drive Rodeo Drive for $152 million. Chanel Boutique Property rights. This big hand created a sensation at once.

It is said that the store sells 11500 square feet and sells for 13000 dollars per square foot. Real estate company Real Capital Analytics data show that the previous high level was created by another property on the same street, which was set at $10400 per square foot in 2012. However, the record is now Chanel Refreshed.

In fact, for Retail rent The continuous rise has also prompted many powerful retailers to hunt for retail real estate industry. In the apparel retailing industry, ZARA parent Inditex SA (ITX.MC) is one of the most successful companies in retail real estate.

In addition to Rodeo Drive in Losangeles, Chanel has already actively acquired retail property. Last July, the Wertheimer family of Chanel owners bought nearly 600 square meters of two floors at 51 Montaigne Road, Paris, at a price of nearly 1.4 euros, and the unit price per square meter reached 233 thousand euros.

According to the analysis of the industry, the reason why retailers are willing to buy some major commercial real estate at high prices is because the retail property of the main commercial streets in the major cities of the world is still very scarce. At the same time, with the increasing fluctuation of the global exchange rate, the proportion of tourism consumption in luxury consumption is getting higher and higher. Similar to New York's Fifth Avenue and other places, the sales of brand shops are amazing.