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BUSINESS / RETAILING

List: Top Ten Most Expensive Shopping Streets in the World

Date: 2006

Source: Cushman and Wakefield.

Base: Retail rents measured across 233 shopping locations in 47 countries around the world. Only 1 entry per country allowed.

Notes: The report "Main Streets Across the World 2006" is a global league table drawn up by taking the most expensive location in each of the countries monitored. In 2006 Cushman & Wakefield found that retail rents had risen or remained stable in 97 per cent of the locations monitored compared to the previous year. Just outside the yop ten were 'Ermou' in Athens, 'Preciados' in Madrid, Orchard Road in Singapore, Via Montenapoleone in Milan and Tverskaya in Moscow

Rank 2006 (2005)

Street

City

Country

US$ / Sq ft / Year

1 (1)

5th Avenue

New York

USA

1350

2 (2)

Causeway Bay

Hong Kong

Hong Kong

1134

3 (3)

Avenue des Champs Elysées

Paris

France

805

4 (4)

New Bond Street

London

England

673

5 (5)

Ginza

Tokyo

Japan

652

6 (6)

Grafton Street

Dublin

Ireland

532

7 (10)

Bahnhofstrasse

Zurich

Switzerland

418

8 (7)

Pitt Street Mall

Sydney

Australia

391

9 (8)

Myeongdong

Seoul

S. Korea

376

10 (9)

Kaufingerstrasse

Munich

Germany

356


 
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