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The Most Expensive Shopping Streets in the World

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Almost three years after the start of the global pandemic, the retail industry has gone through one of the most serious stress tests imaginable. But the best-in-class real estate has remained reliable, and in some markets it has even strengthened.

Cushman & Wakefield has published the report "Main Streets of the World" for 2022.

Analysts estimate the best shopping districts in 92 cities around the world at the cost of renting first-class real estate.

TOP 10 expensive shopping streets in the world in 2022 (monthly rental price per sq.m.):

  1. New York City (USA), Upper 5th Avenue - €21,076
  2. Hong Kong (China), Tsim Sha Tsui - €15,134
  3. Milan (Italy), Via Montenapoleone - €14,547
  4. London (UK), New Bond Street - €14,346
  5. Paris (France), Avenue de Champs Elysees - €11,069
  6. Tokyo (Japan), Ginza - €9,956
  7. Zurich (Switzerland), Bahnhofstrasse - €8,927
  8. Sydney (Australia), Pitt Street Mail - €7,624
  9. Seoul (South Korea), Myeongdong - €5,973
  10. Shanghai (China), West Nanjing Road - €5,225

Key facts:

  • Rents in the world's main retail outlets fell by an average of 13% at the height of the pandemic, but recovered only 6% below the pre-pandemic level.
  • America, largely thanks to the United States, has been the most resilient region — on average, rents are now 15% higher than before the pandemic.
  • In the Asia-Pacific region, rents fell by an average of 17% due to the closure of international borders, which led to a restriction of tourism in prestigious areas.

Source: Cushman & Wakefield
Photo by Clay LeConey on Unsplash

Commercial properties examples:
Hotel for 26 000 000 euro in Barcelona, Spain
26 000 000 €
Hotel in Barcelona, Spain
Spain , Barcelona 3* Hotel in Barcelona (Eixample) A stunning 3*** hotel in the tourist central district of Barcelona - Eixample. A beautiful elegant building built at the beginning of the XX century, which has undergone several reconstructions and major repairs, but has retained the exterior style with modern interior decoration....
INDOM
Commercial property for 2 540 000 euro in Germany
2 540 000 €
Commercial property in Germany
1235 sq.m
Germany Lower Saxony   The New Netto Supermarket   A new commercial building under construction in the center of a small town (population 14,000) in the north-west of Germany, in the federal state of Lower Saxony. Commissioning of the facility: summer 2017 The contract with the tenants has already been signed for 15 years...
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Hotel in Dorio, Italy (price on request)
Price on request
Hotel in Dorio, Italy
Dorio is a small town located between Dervio and Colico on Lake Como, just 40 km from Lecco. From here it is easy to reach all areas both by highway, which is located a few minutes away, and by rail, which is only 2 km away. The architectural design of the hotel complex reflects the harmony of the landscape; cozy and comfortable apartments...
Palazzo Estate
Cafe, restaurant for 50 000 euro in Bar, Montenegro
50 000 €
Cafe, restaurant in Bar, Montenegro
119 sq.m
The object code is 1.25.16.7014We offer for sale a production / warehouse in the city of Bar.  The room is 150 sq/m. (repair required).
DOO TradeGoria
Investment project for 800 000 euro in Riga, Latvia
800 000 €
Investment project in Riga, Latvia
For sale is offered investment complex, consisting of two plots of land.The complex is located in a quiet center, near the parks Griniņkalns and Ziedoņdārzs as also reconstructed center “Koka Rīga”. The very convenient transport location. One part – 1100 m2 of land with complex, consisting of offices, warehouse and production rooms as also...
Mercury Group
Investment project for 900 000 euro in Jurmala, Latvia
900 000 €
Investment project in Jurmala, Latvia
Land plot area is 1537 sq.m.
Mercury Group
Hotel for 3 300 000 euro by Lago Como, Italy
3 300 000 €
Hotel by Lago Como, Italy
470 sq.m
In the heart of the city of Como, surrounded by an ancient fortress wall, and just a few steps from the legendary Lake Como, a hotel is for sale that offers its customers the cordiality of family hospitality and modern comfortable living conditions. The hotel is located just 100m from the lake, 2km from the motorway exit and 600m from the...
Palazzo Estate
Cafe, restaurant for 511 000 euro in Barcelona, Spain
511 000 €
Cafe, restaurant in Barcelona, Spain
100 sq.m
Commercial premises for rent – a restaurant on Barcelona Broadway – Parallel Avenue. The profitability is 5.4%. High liquidity. Excellent location. Near the exit from the metro, bus stops, several large hotels, theaters, two parks. 700 meters to the pier where cruise tourist ships are moored. The area with a very high traffic of tourists and...
EuropaHome
Commercial property for 600 000 euro in Athens, Greece
600 000 €
Commercial property in Athens, Greece
693 sq.m
There is offered for sale a commercial space on the 1st floor together with a commercial space on the 4rth floor of a building , of total area693 sq.m The property is located in Metaksourgeio area ( heart of Athens ) between 3 metro stations and squares . In a distance of 600 m is the station of Thisio , in a distance of 700 m is the famous...
Mercury Group
Hotel in Pistoia, Italy (price on request)
Price on request
Hotel in Pistoia, Italy
2730 sq.m
This luxury hotel overlooking its own suggestive lake is for sale on the green hills near Pistoia. Built in the 1970s this prestigious hotel is made of two separate estates which host the bedrooms, one has three floors while the other has five. There is then another two storey building with a restaurant, a conference room, a basement floor, and...
Lionard Luxury Real Estate
Commercial property for 630 000 euro in Barcelona, Spain
630 000 €
Commercial property in Barcelona, Spain
206 sq.m
Excellent commercial premises, an investment option that allows you to get a stable rental income. The facade is 6m2. The center of Barcelona, a street with high traffic. It is possible to rent out a store, an office, an enterprise providing services of any type. Estimated profitability of 5.5%. We will help you rent this room profitably....
EuropaHome
Commercial property for 57 200 euro in Zabljak, Montenegro
57 200 €
Commercial property in Zabljak, Montenegro
The object code is 1.27.2.8791  The plot area is 2200 sq.m. the plot is located on National Heroes Street. The price is 26 euros per sq.m. The plot is located opposite the Bjelobor motel, the DUP has been passed, all communications, water, electricity are connected  Excellent investment for the construction of an eco-settlement, a chalet, in the...
DOO TradeGoria
Investment project for 8 600 000 euro in Paris, France
8 600 000 €
Investment project in Paris, France
1315 sq.m
France Levallois-Perret is a town and commune in the Hauts-de-Seine department, a northwestern suburb of Paris, 6 km from the center of Paris Building for apartments An excellent offer for investors: a hotel (40 rooms) with a permit for reconstruction into a residential building with 55 apartments or a campus for students (very...
INDOM
Commercial property for 4 400 000 euro in Germany
4 400 000 €
Commercial property in Germany
3907 sq.m
Germany Mecklenburg-Vorpommern Supermarket Investment Package An investment package consisting of three one-storey commercial buildings leased for a long-term lease to three supermarkets in the cities of Jarmen, Eggesin, Lubz in Mecklenburg-Vorpommern. Tenants - large retail chains: Penny (Yarmen) - the lease term is 15 years with an...
INDOM
Investment project for 290 000 euro in Riga, Latvia
290 000 €
Investment project in Riga, Latvia
154 sq.m
Investment property for sale. Offices after complete renovation, located in the heart of Riga, Rainisa Boulevard 31, in front of the Train Station and STOCKMANN, two minutes walking from the Old City. Offices are located on the 2 nd floor, half of the windows opening onto a Rainis Boulevard and its park, and another half into a quiet...
SERVICEAZUR
Hotel for 1 950 000 euro on Brac, Croatia
1 950 000 €
Hotel on Brac, Croatia
600 sq.m
For sale is a attractive villaon four floors located at a large plot, just a few steps from the crystal clear sea and beautiful beach. The building was designed by the famous architect Jerko Rošin using only the best materials and equipment.In the basement, 129 m2, there is a tavern with a bar, and it is possible to equip a gym and sauna....
Immobilium et mobilium d.o.o.
Office for 446 651 euro in United Arab Emirates
446 651 €
Office in United Arab Emirates
105 sq.m
The Burlington Business Tower in Business Bay, which was opened in 2014, is a 191m tall commercial building with over 438,000 sq ft of Grade A office space, a ground-level dining plaza and a shopping arcade. Burlington Tower is located close to Sheikh Zayed Road and the Business Bay Metro Station, which allows for easy access in and out of the...
Metropolitan Premium Properties
Investment project in Kotor, Montenegro (price on request)
Price on request
Investment project in Kotor, Montenegro
3098 sq.m
Residence Payment in RUB
Investment project of developing a commercial building.
Invest in ME
Commercial property for 1 600 000 euro on North Aegean islands, Greece
1 600 000 €
Commercial property on North Aegean islands, Greece
950 sq.m
For salefour luxury houses in the area of Thermi.
Mercury Group
Commercial property for 350 000 euro in Paphos, Cyprus
350 000 €
Commercial property in Paphos, Cyprus
86 sq.m
BLUE SKY HOUSES

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