10“Discount rates, which reach the 30% and time vacancy, which softly touch fully 12 months. A major flexibility in management of transaction, which takes to a positive growth in commercialization of properties in Italian High Streets and a decrease of middle-time vacancy”, this is what is highlighted In the markey analysis report “Fashion & High Street – Septemeber 2014” by World Capital Group in collaboration with Fashion Federation Italy.
“A general trend reversal – claims Neda Aghabegloo, Head of Research of World Capital – characterizes the real estate retail in this semester. We check an increase of discount rates, due to the aim of making easier the conclusion of affair, with percentages, which in cities such as Turin, Genoa and Bologna reach also the 25-30%. Milan, Vercelli Boulevard, records as maximum discount rate 20%, such as Rome Street and Porta Borsari Boulevard in Verona, Borognona Street in Rome and Strozzi Street in Florence.
Consequence of this increase – continues Neda Aghabegloo – it’s the decrease of the middle-time of vacancy, which reaches today fully 12 months in cities such as Bologna, Dell’Archiginnasio Street and Genoa, Orefici Street and Rome Street. Surprising for a middle-time vacany as 0/1 month, are the Milanese High Street Montenapoleone Street, Della Spiga Street, Vitto Emanuele Boulevard, the Fiorentine Calzaiuoli Street, the Roman Di Spagna Square, Dei Condotti Street and Del Corso Street and the Venetian San Marco Square, Calla Larga, XXII March and Le Mercerie/calle Mazzini, which confirm the high appeal for strategic/prestigious location, installed brand luxury and diffused tourist flow.”
For further information or to request report -> http://goo.gl/pGDvEV
