Romanian Shopping Center Rents Hit 8-Year Low

Rents in Romanian shopping centers dropped to the levels see in 2002, when the market was in early stages of development, according to a study by real estate consultancy company Jones Lang LaSalle.The study also shows that rents dropped 10-15% in the second quarter compared to the first three months of the year, and the trend will continue in the near future as well.Furthermore, according to the report, the largest rents, even in high-performance shopping centers, dropped to EUR60-75 ...

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