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The value of Car Parking Spaces

Christian Cuhls's picture
Submitted by Christian Cuhls on Wed, 21/04/2010 - 10:30

Let's make this a week of blogging about Car Parking in and around Shopping Centres.

Why? Because car parking space have a huge value.Car parking lot from above

A few years ago we were working on roughly US$150,000 per car parking space. What, yes - this is the turnover value. Let's add a bit for inflation over say 3 years and we get about US$ 160,000.

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