Mumbai is now in fourth position on the list while Moscow remains in fifth in the CBRE rankings, which
tracks occupancy costs for prime office space in 176 cities around the globe.
Not exact matches
The company also considered factors such as
occupancy costs, as well as each store's
track record of profitability and forecasts for the earnings power of those stores going forward, given current sales trends and projections for the future.
While only 12 percent of respondents reported
tracking per equity partner / shareholder
occupancy costs, firms will increasingly use this metric, especially to exhibit how long - term real estate
costs are impacting profitability.