Bank Of Baku

Prices of commercial premises drop 2.4% in Azerbaijan

Prices of commercial premises drop 2.4% in Azerbaijan
# 21 January 2009 13:08 (UTC +04:00)
Baku. Rashad Suleymanov – APA-Economics. The average selling price of commercial prices declined by 2.4% and average rental fell 2.3% in Baku during December, said the Public Union of the Real Estate Market Participants.
The average price of a non-residential premise fell to $3 417 in December from $3 501 per sq. m in November, down 6.7% on a quarter ago and up 23.4% on earlier 2008.
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