Eight million HUF worth rent in the world’s most expensive shopping street
Cushman & Wakefield has prepared its annual report of the most expensive streets, calculated on the basis of rents paid by retailers – portfolio.hu wrote.
The most expensive venue (Causeway Bay) can be found in Hong Kong in the second quarter of this year, where 24,606 euros (7.95 million forints) had to be paid for one square meter. Causeway Bay is followed by New York (Upper 5th Avenue) and London (New Bond Street), Paris (Avenue des Champs-Élysées), Milan (Via Monte Napoleone), Zurich (Bahnhofstrasse) and Vienna (Kohlmarkt) too.
Related news
Retail is growing stronger: where and how much do Hungarians earn and spend?
Hungarian retail is gradually strengthening, but according to the data,…
Read more >KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >MNB: inflation will rise temporarily, but may remain within the three percent range in 2025
Inflation in Hungary will rise temporarily in the coming months,…
Read more >Related news
KSH: in January, consumer prices exceeded the values of the same month of the previous year by 5.5 percent on average
Compared to January 2024, food prices increased by 6.0 percent,…
Read more >Márton Nagy: high food inflation is unacceptable, the government is ready to take action with all means to protect families
According to Márton Nagy, high food inflation is unacceptable, and…
Read more >NGM spokesperson: prices were already corrected in the last days of January
According to the Central Statistical Office (KSH), in January 2025,…
Read more >