Rents rise as luxury brands return to West Berlin

West Berlin's Kurfuerstendamm is in fashion for the first time since Germany's reunification as luxury brands snub the east, pushing rents higher.

Apple may be the next company to appear on the 4km boulevard known as Ku'damm, in the capital's most expensive shopping district. The iPhone maker will open a store there, its first in the city, this year, a person with knowledge of the plan said.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1138935/rents-rise-luxury-brands-return-west-berlin