International retail giant Hennes & Mauritz AB (H&M) will open their second store in Varna, Bulgaria’s second largest city. Colliers International, exclusive leasing consultant for Grand Mall where H&M have leased the space, facilitated the 2,200 sqm deal.
The vast majority of markets monitored by Colliers International for their biannual EMEA Industrial and Logistics Rent Map experienced no change in prime warehouse rents in the second half of 2011.
By the end of the third quarter of 2011, investors in Germany invested a total of € 7.87 billion in retail real estate, putting this type of property far ahead of all other use categories for this year.
A lease deal for over 11,000 sqm of warehouse space was concluded in the Moscow Region with the support from Colliers International
Latest research from Colliers International has found that due to a declining workforce population, Europe is set to see a drop in demand for office space over the next few decades.
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