A press release by Germany-based Location Services AG notes that retail rent in Zurich (Switzerland) is the third-highest in Europe… up to $530 per square-foot annually. In comparison, Munich (Germany) retail rents are up to $335 per s.f. annually. You may recognize both locations as future Apple store sites. Retail rents in New York City can range up to $15,000 per s.f. for a Fifth Avenue location, Paris $7,000, and Tokyo $5,000.
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