Comfort: Shop rents down in two out of three cities
Berlin, Düsseldorf, Freiburg, and Constance: Those are the only four cities, according to the “Comfort High Streets Report 2019” to be published in early February, where shop rents for spaces in Highstreet locations still rose in 2018. In two thirds of the 132 cities examined, rents dropped; in half of the cities they even declined by more than 5 %. At €380/sqm, Berlin records the highest top rent in the country for small spaces (80 to 120 sqm), displacing Munich, which held the top position for many years. Munich with €370 is followed with a wide margin by Hamburg (310 Euro), Düsseldorf, and Frankfurt (both €290).
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