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Commercial facility market livens up in Baku

Business Materials 27 February 2009 13:24 (UTC +04:00)

Azerbaijan, Baku, Feb. 27 / Trend , U. Ismayilova/

The sale and purchase operations on Baku's commercial facility market grew 4.3 percent in January, the MBA Group said.

The profit margin on commercial facilities increased one percent in January and prices by three percent. 

Supply shrank 12.3 percent on the market last month, the company said.

The average price on commercial facilities fell 1.9 percent in January 2009 compared to December 2008.

Comparative table of price changes:

Facilities

December 2008  

January

Change %

Shops

4,310

4223

-2.0%

Counter

3,471

3541

2.0%

Offices

2,681

2584

-3.6%

Warehouse

1,483

1493

0.7%

Industrial  

911

904

-0.8%

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