Fifth Avenue and Via Montenapoleone top the list of most expensive retail locations in the world

Retail rents along prime places are back on THE increase After socket A dive during THE pandemic.

Manhattan Fifth Street And that of Milan Via Montenapoleone rank as THE of the world most Dear retail places This year, has $2,000 by square foot And $1,766 by square foot, respectively.

Placement third East Hong Kong Tsim Sha Tsui, has $1,493 by square foot. Tsim Sha Tsui Previously detained THE second place place until be moved by Via Montenapoleone.

Those are a few of THE results Since THE 2023 version of Cushman & Wakefield annual report, "Main Streets Through THE World," which concentrates on places For luxury brands. THE giant commercial real domain service farm report lists rents In both WE. dollars And stranger coins For comparison purposes.
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C&W noted that Fifth Street retail the rents, Since 49th has 60th Streets, on average stayed flat In 2023 has $2,000 A foot, compared with has last year, but were up 14 percent against pre-pandemic levels.

In THE pass year, several high profile flagship stores to have open along Fifth Street In Downtown including Abercrombie & Fitch, Chopard, Mango, THE re-invent Tiffany flagship And Swarovski. A Chanel jewelry store will be opening Soon on THE Street. In addition, Louis Louis Vuitton for has renovate It is Fifth Street And 57th Street flagship And temporarily function through THE Street along 57th.

Via Montenapoleone average rents In 2023 pink 20 percent Year after year, And are 31 percent in front of pre-pandemic levels.

A see of via Montenapoleone In Milan. Getty Images

In THE fourth And fifth posts, respectively, are New Bind Street In London has $1,462 by square foot, And Avenues of the Champs Elysées In Paris has $1,120 by square foot.

THE sixth most Dear retail place In THE world East that of Tokyo Ginza, has $912 A square foot, unchanged Since 2022.

that of Zurich Bahnhofstrasse, Sydney Pitt Street Mall, that of Seoul Myeongdong And Vienna Kohl's Market, class seventh, eighth, ninth And 10th on C&W list, respectively.

Moving THE most up THE ran...

Fashion Nov 22, 2023 0 51 Add to Reading List

Fifth Avenue and Via Montenapoleone top the list of most expensive retail locations in the world

Retail rents along prime places are back on THE increase After socket A dive during THE pandemic.

Manhattan Fifth Street And that of Milan Via Montenapoleone rank as THE of the world most Dear retail places This year, has $2,000 by square foot And $1,766 by square foot, respectively.

Placement third East Hong Kong Tsim Sha Tsui, has $1,493 by square foot. Tsim Sha Tsui Previously detained THE second place place until be moved by Via Montenapoleone.

Those are a few of THE results Since THE 2023 version of Cushman & Wakefield annual report, "Main Streets Through THE World," which concentrates on places For luxury brands. THE giant commercial real domain service farm report lists rents In both WE. dollars And stranger coins For comparison purposes.

C&W noted that Fifth Street retail the rents, Since 49th has 60th Streets, on average stayed flat In 2023 has $2,000 A foot, compared with has last year, but were up 14 percent against pre-pandemic levels.

In THE pass year, several high profile flagship stores to have open along Fifth Street In Downtown including Abercrombie & Fitch, Chopard, Mango, THE re-invent Tiffany flagship And Swarovski. A Chanel jewelry store will be opening Soon on THE Street. In addition, Louis Louis Vuitton for has renovate It is Fifth Street And 57th Street flagship And temporarily function through THE Street along 57th.

Via Montenapoleone average rents In 2023 pink 20 percent Year after year, And are 31 percent in front of pre-pandemic levels.

MILAN, ITALY - JULY 31: A general view of via Montenapoleone on July 31, 2008 in Milan, Italy. (Photo by Vittorio Zunino Celotto/Getty Images)

In THE fourth And fifth posts, respectively, are New Bind Street In London has $1,462 by square foot, And Avenues of the Champs Elysées In Paris has $1,120 by square foot.

THE sixth most Dear retail place In THE world East that of Tokyo Ginza, has $912 A square foot, unchanged Since 2022.

that of Zurich Bahnhofstrasse, Sydney Pitt Street Mall, that of Seoul Myeongdong And Vienna Kohl's Market, class seventh, eighth, ninth And 10th on C&W list, respectively.

Moving THE most up THE ran...