New Bond Street is Europe's most expensive shopping location
News
|
Nov 2019
|

New Bond Street is the most expensive street in Europe for retail rents and also the third most expensive globally, a new report by property consultancy Cushman and Wakefield. shows. The rents are around $1,714/£1,335 per square foot and have increased by 2.3% in the last 12 months. The street, which hosts flagship boutiques for the biggest global luxury brands, is only beaten in terms of higher rents by Causeway Bay in Hong Kong and Upper 5th Avenue in New York. Globally, after New Bond Street, Avenue des Champs Elysées in Paris is fourth, ahead of Milan's Via Montenapoleone in fifth place.
view full ranking on Cushman and Wakefield website
