JLL: Shanghai is ranked sixth in terms of its Cross-Border Retailer Attractiveness Index
In its Destination Retail report, JLL noted that Shanghai has a Cross-Border Retailer Attractiveness Index of 188 and is ranked sixth overall. The report is based on a survey of 240 leading retail brands across 140 cities globally. The cities account for 36% of global GDP, 13% of the world’s population and one third of the world’s consumer spending. The index shows, for each case, the presence of retailers, relative to the average of 100. Shanghai is classified as a Growth Retail City. Growth of spending in 2015-19 is expected to be 8.5% annually. Average prime retail rents are around USD4,000 per square metre per annum.
Source : JLL/Apr 2016/Shanghai/RET