Saturday, July 2, 2022
Sign-In
|
Sign-Up
|
Contact Us
|
Bookmark
Home
News
Articles
Forum
Search
Directory
Blog
Accounts
Business
|
Politics
|
Technology
|
Entertainment
|
Sport
|
Other
|
All Published News
|
Moscow's Tverskaya Street - one of the most expensive in the world
Analysts at the Cushman & Wakefield Healey & Baker international agency have compiled a table of the most expensive streets in the world, which includes Moscow's Tverskaya Street in seventh place, ahead of Tokyo's Ginza, streets in Beverly Hills, and also the up-market areas of Sydney, Toronto and Montreal. According to the agency, rent rates in Tverskaya have soared by 40% since last year. This summer, Finansovye Izvestia continues, Moscow featured in another world rating when analysts at Mercer Human Resource Consulting claimed the Russian capital was the second most expensive city in the world. A year before then, Cushman & Wakefield Healey & Baker researchers included Moscow in the top five cities in terms of office rent. This time, experts evaluated commercial estate rents in the most animated streets of the world's capitals. They compared average annual commercial rents per square meter. Moscow was in seventh place ahead of Pitt Street in Sydney ($3,449 per square meter) and right after Kaufingerstrasse in Munich ($3,577). According to international experts, it costs $3,500 to rent one square meter on Russia's main street, which is an unrivaled record high figure for the country. Interestingly, commercial renting in Rodeo Drive, Beverly Hills, would cost nearly 20% less - $2,950 per square meter. Commercial rents in Union Square in San Francisco are even lower - $2,691 per square meter. European streets, too, have proved to be fairly expensive. On the whole, commercial rent in 2004 went up by an average of 4.6% worldwide
Related News
About 45-46 million square meters of floor space must be commissioned all over Russia next year alone, thus making it possible to double the national GDP by 2010
With the US presidential elections approaching, world oil prices appear to be going down
The demolition of the Rossiya hotel that is located in close proximity to the Kremlin and is well known among foreign tourists will begin in summer 2006
Yukos stockholders are not presently regarding prospects of petroleum mammoth bankruptcy
The following rates of exchange of foreign currencies to the ruble of the Russian Federation
Aleksei Miller, CEO of Gazprom, has signed a document establishing the Gazpromneft limited liability company
of September 1, 2004, the strength of the permanent population of the Russian Federation was 143.7 million
Profit at the Toyota Motor Corporation slipped 1.5 percent in the most recent quarter as damage from a falling dollar offset strong increases in sales around the world
Cuba's banks and exchange houses began large-scale conversions of U.S. money into a local currency
Over the last ten years, Russians have come to value social guarantees more and the inviolability of private life less
The following rates of exchange of foreign currencies to the ruble of the Russian Federation
Helicopters will be showcased at the Russian exhibition at the 5th international Airshow China 2004 in Zhuhai
Moscow arbitration court has upheld the executive fee of 5.5 billion rubles to be recovered from Yukos
Yesterday the Central Bank of Russia reported on its international reserves as of the end of last week
Crude futures prices fell sharply Wednesday, falling below $54 a barrel
Before the end of 2004 the Aeroflot airline will get five new planes Tu-154M
Official launch of the St.Petersburg non-nuclear submarine was held on Thursday at the Admiralteiski Shipyard manufacturer
Takeover of Zarubezhneft by Gazprom is out of the question for the time being
Talks on Russia's entry into the WTO may be completed in 2005
In the first nine months of 2004, Russia's foreign trade turnover amounted to $191.7 billion with a surplus of $58.2 billion
Oct
November 2004
Dec
Mo
Tu
We
Th
Fr
Sa
Su
25
26
27
28
29
30
31
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
1
2
3
4
5