DTZ: High-end retail rents in Nanjing up 5.5% in 2Q15
According to DTZ’s Property Times, rents for high-end retail properties rose in Nanjing by 5.5% to CNY37.1/square metre/ day in 2Q15. No new prime projects were added in the main retail districts of Nanjing. LV Group’s skin care brand Fresh, took up space in Nanjing Deji Plaza at the end of June. DTZ notes that Victoria’s Secret is expected to open its first store in Jiangsu province in Aqua City.
Source : July 2015/DTZ/Nanjing/RET