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
Full-time jobs in retail sector are in demand
Retailers are seeing increased interest from job seekers looking for…
Read more >IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >2024 could already be the year of growth in retail
This year could be the year of growth in Hungary…
Read more >Related news
The latest issue of Trade magazin is out now!
The digital version is available with more content once again…
Read more >FAO: global food prices increased for the second month in April on a monthly basis
In April, global food prices rose for the second month…
Read more >Beauty care travels at breakneck speed
Beauty care is one of the fastest growing markets in…
Read more >