Bank Of Baku

Average price of commercial premises rose 1.6% in Baku, August

Average price of commercial premises rose 1.6% in Baku, August
# 19 September 2008 13:35 (UTC +04:00)
Baku. Rashad Suleymanov - APA-Economics. The average prices of commercial premises rose 1.6% and rental rate increased 1.4% in Baku during August, said the Public Union of the Real Estate Market Participants.
The price of non-residential premises rose from $3 561 in July to $3 618 per sq. m in August.
The growth rate in deals on the sales of commercial premises was lower in August.
The price index rise was 30.7% as against August and 37.4% on the same month last year.
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