New York’s Upper 5th Avenue is world’s most expensive street

  Soaring rents have seen London’s New Bond Street rise to become the world’s third most expensive retail street, while New York’s Upper 5th Avenue and Hong Kong’s Causeway Bay retain their first and second place rankings, according to Cushman & Wakefield. The annual Main Streets Across The World report, now in its 29th edition, … Read more

Hong Kong’s Causeway Bay, Fifth Avenue and Avenue des Champs-Elysees top shop rent list

Luxury retailing continues to fuel trading and rental growth across prime pitches Hong Kong’s Causeway Bay top shop rent list Despite a backdrop of a slower global economy and continued uncertainty – notably surrounding the euro zone – global prime retail markets have proved generally resilient over the year to June, with rental growth driven … Read more