24 апреля 2014 15:58

Almaty avenue among world's most expensive streets

Yessentai Mall on Al-Farabi Avenue in Almaty. ©almaty-kazakhstan.net

Al-Farabi Avenue in Almaty is in the 40th place among the most expensive streets in the world according to Cushman & Wakefield, Tengrinews reports citing Idea Lab.

Shopping space is the most dynamic segment of Almaty's real estate market. Renting a boutique in a building adjacent to a main street costs an average of around $50 per square meter a month. Renting a boutique in a large shopping mall costs several times more - as much as $140 per square meter.

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