Europe's highest rents can be found at Champs-Élysées in Paris

Cushman & Wakefield has compiled this year’s list of shopping street with the world's highest rents.

Among the 326 locations of sixty-two countries rising rents were measures in 147 cases and reduction in 49 cases, compared to 2011.

The Champs-Elysees in Paris has become the world's third most expensive shopping street in 2012, and there can be found Europe's highest rents. The Hong Kong Causeway Bay overtook New York's Fifth Avenue, which was the most expensive shopping street of the world for 11 years. (portfolio.hu)