Most expensive shopping streets revealed
According to a recent study by Cushman & Wakefield commercial leases in Causeway Bay in Hong Kong are the most expensive in the world
Global commercial real estate services company Cushman & Wakefield has revealed its Main Streets Across the World 2019 edition.
The publication, now in its 31st year, ranks high streets worldwide by their prime rental value.
Combining insight on retail trends with a global proprietary data set of 448 high street retail rents, Cushman & Wakefield rank the top shopping streets by their prime rental value.
In this year edition Causeway Bay in Hong Kong was listed first in the rank, followed by Upper 5th Avenue (49th - 60th Streets) in New York. New Bond Street in London is the most expensive shopping street in Europe and the third in the world. The top 5 is completed with Avenue des Champs-Élysées in Paris and Via Montenapoleone in Milan.
Image credits: Gantavya Bhatt on Unsplash
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