Dublin among top five cities in world experiencing retail rental growth

Dublin was one of the EMEA cities to experience a higher than average increase in high street retail rents in the year to the end of Q1 2017, up 10.5% in the period, according to CBRE’s half yearly research report Global Prime Retail Rents.

The report is based on the retail rent per square foot that retailers have to pay every year to occupy a shop in a prime location. Europe was the only region to register rental growth in Q1 2017 with an increase of 4.3% year-on-year.