Tag Archives: luxury

The shops are likely to want to settle in downtown Geneva, but the surfaces are missing and rents reach the summits. The center of the city of Calvin is a victim of its success. From a mercantile point of view, the sector is strategic. It is frequented by local customers which have the second largest purchasing power in the world (after Zurich). During the summer, visitors including Arabs who are wealthy and seekers of luxury goods shop in the city. The prime locations are increasingly in demand and consequently high rents affect the shops. In the lower streets of the center, more than 80,000 people pass by and the rents exceed the 7000 CHF per square meter per year. Rents should continue to climb up to 8000 CHF … Continue reading →