Cushman & Wakefield Main Streets Across the World Report 2025: Most Expensive Retail Main Street Rental Price in 2025 (Per 1,000 Sq Ft Per Year) UK London New Bond Street $2.2 Million, Most Expensive in APAC China Hong Kong Tsim Sha Tsui (Main Street Shops) $1.5 Million, Most Expensive in Europe UK London New Bond Street $2.2 million, Most Expensive in America United States New York City Upper 5th Avenue (49th to 60th Streets) $2 Million, Retail Rental Price Change in Last 12 Months APAC +2.1%, Americas +7.9%, Europe +4%, United States +2.5%

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Cushman & Wakefield Main Streets Across the World Report 2025: Most Expensive Retail Main Street Rental Price in 2025 (Per 1,000 Sq Ft Per Year) UK London New Bond Street $2.2 Million, Most Expensive in APAC China Hong Kong Tsim Sha Tsui (Main Street Shops) $1.5 Million, Most Expensive in Europe UK London New Bond Street $2.2 million, Most Expensive in America United States New York City Upper 5th Avenue (49th to 60th Streets) $2 Million, Retail Rental Price Change in Last 12 Months APAC +2.1%, Americas +7.9%, Europe +4%, United States +2.5%

15th January | Hong Kong 

Cushman & Wakefield has released the Cushman & Wakefield Main Streets Across the World Report 2025, providing key insights into global retail landscape & Main street retail rental pricing in 2025.  Retail Rental Price Change in last 12 months – APAC +2.1%, Americas +7.9%, Europe +4%, United States +2.5%.  Top 5 Retail Rental Price Increase in last 12 months – Brazil +39.5%, Hungary +33.3%, Romania +16.7%, Argentina +16.6%, UAE +9.5%.  Top 5 Retail Rental Price Decrease in last 12 months (2025 Q3) – Luxembourg -10.4%, Mexico -10%, Vietnam -6.4%, Hong Kong -2.9%, China Mainland -1.5%.  Retail Trends in 2020s – Diversification & Resilience, Cosmetics & Sports.  Economic Outlook – Economic growth slowing, Growth expected to stay sluggish in the near term,  inflation under control, Regional economies forecast to hit lowest in 2025 Q4 or 2026 Q1, and uptick in growth for 2026 & 2027.  Retail Sales – Growth reported in most of the world.  Most Expensive Retail Main Street Rental Price in 2025 (Price per 1,000 sq ft per year) – UK London New Bond Street $2.2 million.  Most Expensive APAC Retail Main Street Rental Price in 2025 – China Hong Kong Tsim Sha Tsui (Main street shops) $1.5 million.  Most Expensive Europe Retail Main Street Rental Price in 2025 – UK London New Bond Street $2.2 million.  Most Expensive America Retail Main Street Rental Price in 2025 – United States New York City Upper 5th Avenue (49th to 60th Streets) $2 million.  Top 5 Retail Main Street Rental Price in 2025 (Price per 1,000 sq ft per year) – UK London New Bond Street $2.2 million, Italy Milan Via Montenapoleone $2.1 million, United States New York City Upper 5th Avenue (49th to 60th Streets) $2 million, China Hong Kong Tsim Sha Tsui (Main street shops) $1.5 million, France Paris Avenue des Champs Elysées $1.3 million.  Top 10 APAC Country Retail Main Street Rental Price in 2025 – China Hong Kong Tsim Sha Tsui (Main street shops) $1.5 million, Japan Tokyo Ginza $1.2 million, Australia Sydney Pitt Street Mall $795,000, South Korea Seoul Myeongdong $653,000, China Shanghai West Nanjing Road $517,000.  Top 5 Europe Country Retail Main Street Rental Price in 2025 – UK London New Bond Street $2.2 million, Italy Milan Via Montenapoleone $2.1 million, France Paris Avenue des Champs Elysées $1.3 million, Switzerland Zurich Bahnhofstrasse $1 million, Austria Vienna Kohlmarkt $601,000.  Top 5 Americas Country Retail Main Street Rental Price in 2025 – United States New York City,Upper 5th Avenue (49th to 60th Streets) $2 million, Canada Toronto Bloor Street $217,000, Brazil São Paulo Oscar Freire Jardins $123,000, Mexico Mexico City Masaryk $100,000, Argentina Buenos Aires Calle Florida (Av Cordoba to Av Corrientes) $26,000.  Top 5 APAC Retail Main Street Rental Price in 2025 – China Hong Kong Tsim Sha Tsui (Main street shops) $1.5 million, China Hong Kong Causeway Bay (Main street shops) $1.3 million, Japan Tokyo Ginza $1.2 million, Japan Tokyo Ometesando $1 million, Japan Osaka Midosuji $914,000.  Top 30 EMEA Retail Main Street Rental Price in 2025 – UK London New Bond Street $2.3 million, Italy Milan Via Montenapoleone $2.1 million, Italy Rome Via Condotti $1.7 million, France Paris Avenue des Champs Elysées $1.3 million, France Paris Avenue Montaigne $1 million.  Top 30 Americas Retail Main Street Rental Price in 2025 – United States New York City Upper 5th Avenue (49th to 60th Streets) $2 million, United States New York City Madison Avenue (57th to 72nd Streets) $1.3 million, United States Los Angeles Rodeo Drive (Beverly Hills) $1.1 million, United States New York City SoHo (Broadway to West Broadway, West Houston to Canal Streets) $950,000, United States Miami Design District $500,000.  Most Expensive in Hong Kong Retail Main Street Rental Price (Price per 1,000 sq ft per year) – Tsim Sha Tsui (Main street shops) $1.5 million.  Most Expensive in Singapore – Singapore, Orchard Road $478,000.  Most Expensive in Switzerland – Zurich, Bahnhofstrasse $1 million.  Most Expensive in United States – New York City, Upper 5th Avenue (49th to 60th Streets) $2 million.  Most Expensive in UK – London, New Bond Street $2.2 million.  Most Expensive in France – Paris, Avenue des Champs Elysées $1.3 million.  Most Expensive in Italy – Milan, Via Montenapoleone $2.1 million.  Most Expensive in UAE – Dubai, Dubai Mall (Fashion Avenue) $518,000.  Most Expensive in Australia – Sydney, Pitt Street Mall $795,000.  Most Expensive in Japan – Tokyo, Ginza $1.2 million.  Most Expensive in China – Shanghai, West Nanjing Road $517,000.  Most Expensive in India – New Delhi, Khan Market $223,000.  Most Expensive in South Korea – Seoul, Myeongdong $653,000.  Most Expensive in Vietnam – HCMC, Dong Khoi (Main street shops) $346,000.  Most Expensive in Malaysia – Kuala Lumpur, Suria KLCC $280,000.  Most Expensive in Thailand – Bangkok, Central Retail District (CRD) $130,000.  See below for key findings & summary | View report here

“ Cushman & Wakefield Main Streets Across the World Report 2025: Most Expensive Retail Main Street Rental Price in 2025 (Per 1,000 Sq Ft Per Year) UK London New Bond Street $2.2 Million, Most Expensive in APAC China Hong Kong Tsim Sha Tsui (Main Street Shops) $1.5 Million, Most Expensive in Europe UK London New Bond Street $2.2 million, Most Expensive in America United States New York City Upper 5th Avenue (49th to 60th Streets) $2 Million, Retail Rental Price Change in Last 12 Months APAC +2.1%, Americas +7.9%, Europe +4%, United States +2.5% “

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Cushman & Wakefield Main Streets Across the World Report 2025: Most Expensive Retail Main Street Rental Price in 2025 (Per 1,000 Sq Ft Per Year) UK London New Bond Street $2.2 Million, Most Expensive in APAC China Hong Kong Tsim Sha Tsui (Main Street Shops) $1.5 Million, Most Expensive in Europe UK London New Bond Street $2.2 million, Most Expensive in America United States New York City Upper 5th Avenue (49th to 60th Streets) $2 Million, Retail Rental Price Change in Last 12 Months APAC +2.1%, Americas +7.9%, Europe +4%, United States +2.5%

Cushman & Wakefield has released the Cushman & Wakefield Main Streets Across the World Report 2025, providing key insights into global retail landscape & Main street retail rental pricing in 2025.  See below for key findings & summary | View report here

Cushman & Wakefield Main Streets Across the World Report 2025

Summary

1. Retail Rental Price Change in last 12 months – APAC +2.1%, Americas +7.9%, Europe +4%, United States +2.5%
2. Top 5 Retail Rental Price Increase in last 12 months – Brazil +39.5%, Hungary +33.3%, Romania +16.7%, Argentina +16.6%, UAE +9.5%
3. Top 5 Retail Rental Price Decrease in last 12 months (2025 Q3) – Luxembourg -10.4%, Mexico -10%, Vietnam -6.4%, Hong Kong -2.9%, China Mainland -1.5%
4. Retail Trends in 2020s – Diversification & Resilience, Cosmetics & Sports
5. Economic Outlook – Economic growth slowing, Growth expected to stay sluggish in the near term,  inflation under control, Regional economies forecast to hit lowest in 2025 Q4 or 2026 Q1, and uptick in growth for 2026 & 2027
6. Retail Sales – Growth reported in most of the world
7. Most Expensive Retail Main Street Rental Price in 2025 (Price per 1,000 sq ft per year) – UK London New Bond Street $2.2 million
8. Most Expensive APAC Retail Main Street Rental Price in 2025 – China Hong Kong Tsim Sha Tsui (Main street shops) $1.5 million
9. Most Expensive Europe Retail Main Street Rental Price in 2025 – UK London New Bond Street $2.2 million
10. Most Expensive America Retail Main Street Rental Price in 2025 – United States New York City Upper 5th Avenue (49th to 60th Streets) $2 million
11. Top 5 Retail Main Street Rental Price in 2025 (Price per 1,000 sq ft per year) – UK London New Bond Street $2.2 million, Italy Milan Via Montenapoleone $2.1 million, United States New York City Upper 5th Avenue (49th to 60th Streets) $2 million, China Hong Kong Tsim Sha Tsui (Main street shops) $1.5 million, France Paris Avenue des Champs Elysées $1.3 million
12. Top 10 APAC Country Retail Main Street Rental Price in 2025 – China Hong Kong Tsim Sha Tsui (Main street shops) $1.5 million, Japan Tokyo Ginza $1.2 million, Australia Sydney Pitt Street Mall $795,000, South Korea Seoul Myeongdong $653,000, China Shanghai West Nanjing Road $517,000
13. Top 5 Europe Country Retail Main Street Rental Price in 2025 – UK London New Bond Street $2.2 million, Italy Milan Via Montenapoleone $2.1 million, France Paris Avenue des Champs Elysées $1.3 million, Switzerland Zurich Bahnhofstrasse $1 million, Austria Vienna Kohlmarkt $601,000
14. Top 5 Americas Country Retail Main Street Rental Price in 2025 – United States New York City,Upper 5th Avenue (49th to 60th Streets) $2 million, Canada Toronto Bloor Street $217,000, Brazil São Paulo Oscar Freire Jardins $123,000, Mexico Mexico City Masaryk $100,000, Argentina Buenos Aires Calle Florida (Av Cordoba to Av Corrientes) $26,000
15. Top 5 APAC Retail Main Street Rental Price in 2025 – China Hong Kong Tsim Sha Tsui (Main street shops) $1.5 million, China Hong Kong Causeway Bay (Main street shops) $1.3 million, Japan Tokyo Ginza $1.2 million, Japan Tokyo Ometesando $1 million, Japan Osaka Midosuji $914,000
16. Top 30 EMEA Retail Main Street Rental Price in 2025 – UK London New Bond Street $2.3 million, Italy Milan Via Montenapoleone $2.1 million, Italy Rome Via Condotti $1.7 million, France Paris Avenue des Champs Elysées $1.3 million, France Paris Avenue Montaigne $1 million
17. Top 30 Americas Retail Main Street Rental Price in 2025 – United States New York City Upper 5th Avenue (49th to 60th Streets) $2 million, United States New York City Madison Avenue (57th to 72nd Streets) $1.3 million, United States Los Angeles Rodeo Drive (Beverly Hills) $1.1 million, United States New York City SoHo (Broadway to West Broadway, West Houston to Canal Streets) $950,000, United States Miami Design District $500,000
18. Most Expensive in Hong Kong Retail Main Street Rental Price (Price per 1,000 sq ft per year) – Tsim Sha Tsui (Main street shops) $1.5 million
19. Most Expensive in Singapore – Singapore, Orchard Road $478,000
20. Most Expensive in Switzerland – Zurich, Bahnhofstrasse $1 million
21. Most Expensive in United States – New York City, Upper 5th Avenue (49th to 60th Streets) $2 million
22. Most Expensive in UK – London, New Bond Street $2.2 million 
23. Most Expensive in France – Paris, Avenue des Champs Elysées $1.3 million
24. Most Expensive in Italy – Milan, Via Montenapoleone $2.1 million
25. Most Expensive in UAE – Dubai, Dubai Mall (Fashion Avenue) $518,000
26. Most Expensive in Australia – Sydney, Pitt Street Mall $795,000
27. Most Expensive in Japan – Tokyo, Ginza $1.2 million
28. Most Expensive in China – Shanghai, West Nanjing Road $517,000
29. Most Expensive in India – New Delhi, Khan Market $223,000
30. Most Expensive in South Korea – Seoul, Myeongdong $653,000
31. Most Expensive in Vietnam – HCMC, Dong Khoi (Main street shops) $346,000
32. Most Expensive in Malaysia – Kuala Lumpur, Suria KLCC $280,000
33. Most Expensive in Thailand – Bangkok, Central Retail District (CRD) $130,000

Cushman & Wakefield Main Streets Across the World Report 2025

1) Global Retail Rental Price Change, Trends & Economic Outlook

Retail Rental Price Change in last 12 months (2025 Q3):

• APAC: +2.1%
• Americas: +7.9%
• Europe: +4%
• United States: +2.5%

Top 10 Retail Rental Price Increase in last 12 months (2025 Q3):

1. Brazil: +39.5%
2. Hungary: +33.3%
3. Romania: +16.7%
4. Argentina: +16.6%
5. UAE: +9.5%
6. Estonia: +9.4%
7. Japan: +9.2%
8. Norway: +9.1%
9. United Kingdom: +9%
10. Canada: +8.5%

Top 5 Retail Rental Price Decrease in last 12 months (2025 Q3):

• Luxembourg: -10.4%
• Mexico: -10%
• Vietnam: -6.4%
• Hong Kong: -2.9%
• China Mainland: -1.5%

Retail Trends:

• 1980s – Designer Fashion, Department Stores 
• 1990s – Category Killers, Flagship Expansion 
• 2000s – Fast Fashion, Technology 
• 2010s – Luxury Globalisation, Multi-Channel Strategies 
• 2020s – Diversification & Resilience, Cosmetics & Sports

Economic Outlook:

• Economic growth slowing due to United States tariffs & weak consumer sentiments
• Most impacted are economies that are trade-exposed, with weak domestic consumption & dependent on tourism expenditures
• Growth expected to stay sluggish in the near term, inflation remains under control
• Regional economies forecast to hit lowest in 2025 Q4 or 2026 Q1, and uptick in growth for 2026 & 2027
• Retail sales growth reported in most of the world

Tariffs & Retail:

• Retailers accelerating supply chain diversification to hedge against tariffs & improve silence to shocks
• Near-shoring gaining traction for shorter lead times & compliance-driven sourcing models
• Port congestions / bottlenecks at United States gateway impacting detention fees & delivery timelines
• Retailers strategies include predictive analytics, micro-fulfilment & diversified sourcing 
• Consumer sentiments decreased in 2025, remains close to neutral territory
• Improved economic growth & interest rate cuts can generate significant momentum for consumer sentiments 
• Global employment remains resilient, with modest softening 
• Employe and real wage increases will support consumer spending

2) Top Retail Main Street Rental Price in 2025 by Country

Top 10 Retail Main Street Rental Price in 2025 (Country City, Street – Price per 1,000 sq ft per year):

1. UK London, New Bond Street – $2.2 million 
2. Italy Milan, Via Montenapoleone – $2.1 million
3. United States New York City, Upper 5th Avenue (49th to 60th Streets) – $2 million
4. China Hong Kong, Tsim Sha Tsui (Main street shops) – $1.5 million
5. France Paris, Avenue des Champs Elysées – $1.3 million
6. Japan Tokyo, Ginza – $1.2 million
7. Switzerland Zurich, Bahnhofstrasse – $1 million
8. Australia Sydney, Pitt Street Mall – $795,000
9. South Korea Seoul, Myeongdong – $653,000
10. Austria Vienna, Kohlmarkt – $601,000

Top 10 APAC Country Retail Main Street Rental Price in 2025 (Country City, Street – Price per 1,000 sq ft per year):

1. China Hong Kong, Tsim Sha Tsui (Main street shops) – $1.5 million
2. Japan Tokyo, Ginza – $1.2 million
3. Australia Sydney, Pitt Street Mall – $795,000
4. South Korea Seoul, Myeongdong – $653,000
5. China Shanghai, West Nanjing Road – $517,000
6. Singapore Singapore, Orchard Road – $478,000
7. Vietnam HCMC, Dong Khoi (Main street shops) – $346,000
8. Malaysia Kuala Lumpur, Suria KLCC – $280,000
9. India New Delhi, Khan Market – $223,000
10. Thailand Bangkok, Central Retail District (CRD) – $130,000

Top 10 Europe Country Retail Main Street Rental Price in 2025 (Country City, Street – Price per 1,000 sq ft per year):

1. UK London, New Bond Street – $2.2 million 
2. Italy Milan, Via Montenapoleone – $2.1 million
3. France Paris, Avenue des Champs Elysées – $1.3 million
4. Switzerland Zurich, Bahnhofstrasse – $1 million
5. Austria Vienna, Kohlmarkt – $601,000
6. Germany Munich, Kaufinger / Neuhauser – $418,000
7. Greece Athens, Ermou – $405,000
8. Spain Barcelona, Passeig de Gracia – $373,000
9. Ireland Dublin, Grafton Street – $329,000
10. Czech Republic Prague, Parizska Street – $307,000

Top 5 Americas Country Retail Main Street Rental Price in 2025 (Country City, Street – Price per 1,000 sq ft per year):

1. United States New York City, Upper 5th Avenue (49th to 60th Streets) – $2 million
2. Canada Toronto, Bloor Street – $217,000
3. Brazil São Paulo, Oscar Freire Jardins – $123,000
4. Mexico Mexico City, Masaryk – $100,000
5. Argentina Buenos Aires, Calle Florida (Av Cordoba to Av Corrientes) – $26,000

Top 50 Country Retail Main Street Rental Price in 2025 (Country City, Street – Price per 1,000 sq ft per year):

1. UK London, New Bond Street – $2.2 million 
2. Italy Milan, Via Montenapoleone – $2.1 million
3. United States New York City, Upper 5th Avenue (49th to 60th Streets) – $2 million
4. China Hong Kong, Tsim Sha Tsui (Main street shops) – $1.5 million
5. France Paris, Avenue des Champs Elysées – $1.3 million
6. Japan Tokyo, Ginza – $1.2 million
7. Switzerland Zurich, Bahnhofstrasse – $1 million
8. Australia Sydney, Pitt Street Mall – $795,000
9. South Korea Seoul, Myeongdong – $653,000
10. Austria Vienna, Kohlmarkt – $601,000
11. UAE Dubai, Dubai Mall (Fashion Avenue) – $518,000
12. China Shanghai, West Nanjing Road – $517,000
13. Singapore Singapore, Orchard Road – $478,000
14. Germany Munich, Kaufinger / Neuhauser – $418,000
15. Greece Athens, Ermou – $405,000
16. Spain Barcelona, Passeig de Gracia – $373,000
17. Vietnam HCMC, Dong Khoi (Main street shops) – $346,000
18. Ireland Dublin, Grafton Street – $329,000
19. Czech Republic Prague, Parizska Street – $307,000
20. Netherlands Amsterdam, P.C. Hooftstraat – $305,000
21. Malaysia Kuala Lumpur, Suria KLCC – $280,000
22. Turkey Istanbul, Centre Istiklal Street – $245,000
23. Norway Oslo, Nedre Slottsgate – $224,000
24. India New Delhi, Khan Market – $223,000
25. Canada Toronto, Bloor Street – $217,000
26. Hungary Budapest, Fashion Street – $209,000
27. Sweden StockholmBiblioteksgatan – $198,000
28. Denmark Copenhagen, Strøget (Include Vimmelskaftet) – $191,000
29. Belgium Antwerp, Meir – $185,000
30. Portugal Lisbon, Chiado – $183,000
31. Luxembourg Luxembourg City, Grande Rue – $170,000
32. Finland Helsinki, City Centre – $133,000
33. Thailand Bangkok, Central Retail District (CRD) – $130,000
34. Brazil São Paulo, Oscar Freire Jardins – $123,000
35. Poland Warsaw, Nowy Swiat – $120,000
36. Serbia Belgrade, Kneza Mihaila – $118,000
37. Mexico Mexico City, Masaryk – $100,000
38. Croatia Zagreb, Ilica Street – $92,000
39. Romania Bucharest, Calea Victoriei – $92,000
40. Indonesia Jakarta, Prime – $83,000
41. Bulgaria Sofia, Vitosha Blvd – $79,000
42. Slovenia Ljubljana, Čopova – $78,000
43. Slovakia Bratislava, Obchodná ulica – $59,000
44. Cyprus Limassol, Anexartisisas Ave – $54,000
45. Lithuania Vilnius, Gedimino Ave / Pilies St / Didzioji St – $51,000
46. Philippines Manila, Makati CBD/BGC (Bonifacio Global City) – $50,000
47. Latvia Rīga, Kaļķu St / Vaļņu St / Audēju St / Tērbatas St / Kr.Barona St – $46,000
48. Estonia Tallinn, Viru Street – $46,000
49. Macedonia Skopje, Makedonija Street – $37,000
50. Argentina Buenos Aires, Calle Florida (Av Cordoba to Av Corrientes) – $26,000

3) Top Retail Main Street Rental Price in 2025 by Region (APAC, EMEA, Americas)

Top 25 APAC Retail Main Street Rental Price in 2025 (Country City, Street – Price per 1,000 sq ft per year):

1. China Hong Kong, Tsim Sha Tsui (Main street shops) – $1.5 million
2. China Hong Kong, Causeway Bay (Main street shops) – $1.3 million
3. Japan Tokyo, Ginza – $1.2 million
4. Japan Tokyo, Ometesando – $1 million
5. Japan Osaka, Midosuji – $914,000
6. Australia Sydney, Pitt Street Mall – $795,000
7. China Hong Kong, Central (Main street shops) – $725,000
8. Japan Tokyo, Shinjuku – $686,000
9. South Korea Seoul, Myeongdong – $653,000
10. South Korea Seoul, Gangnam Station – $578,000
11. China Shanghai, West Nanjing Road – $517,000
12. Singapore Singapore, Orchard Road – $478,000
13. China Shanghai, East Nanjing Road – $423,000
14. China Beijing, CBD – $408,000
15. China Nanjing, Xinjiekou – $368,000
16. Vietnam HCMC, Dong Khoi (Main street shops) – $346,000
17. Australia Melbourne, Bourke Street – $336,000
18. Vietnam Hanoi, Trang Tien & Hang Khay (Main street shops) – $312,000
19. China Hangzhou, Wulin – $304,000
20. China Chengdu, Central Business District – $296,000
21. Malaysia Kuala Lumpur, Suria KLCC – $280,000
22. China Chongqing, Guanyinqiao – $271,000
23. China Guangzhou, Tianhe Sports Centre – $227,000
24. India New Delhi, Khan Market – $223,000
25. Australia Brisbane, Queen Street Mall – $202,000

Top 30 EMEA Retail Main Street Rental Price in 2025 (Country City, Street – Price per 1,000 sq ft per year):

1. UK London, New Bond Street – $2.3 million
2. Italy Milan, Via Montenapoleone – $2.1 million
3. Italy Rome, Via Condotti – $1.7 million
4. France Paris, Avenue des Champs Elysées – $1.3 million
5. France Paris, Avenue Montaigne – $1 million
6. France Paris, Rue St. Honoré – $1 million
7. Switzerland Zurich, Bahnhofstrasse – $1 million
8. France Paris, Rue du Faubourg St Honoré – $923,000
9. France Paris, Place Vendôme / Rue de la Paix – $872,000
10. Italy Rome, Piazza Di Spagna – $828,000
11. Italy Milan, Corso Vittorio Emanuele – $817,000
12. UK London, Covent Garden – $793,000
13. Italy Florence, Via Strozzi – $763,000
14. UK London, Sloane Street – $759,000
15. France Cannes, La Croisette – $662,000
16. Italy Florence, Via Roma – $654,000
17. UK London, Regent Street – $649,000
18. Italy Rome, Via del Corso – $632,000
19. UK London, Oxford Street – $609,000
20. Austria Vienna, Kohlmarkt – $601,000
21. UK London, Brompton Road – $534,000
22. Austria Vienna, Karntnerstrasse / Graben – $523,000
23. Switzerland Geneva,Rue de Rhone – $502,000
24. Germany Munich, Kaufinger / Neuhauser – $418,000
25. Greece Athens, Ermou – $405,000
26. Spain Barcelona, Passeig de Gracia – $373,000
27. Germany Munich, Maximilianstraße – $366,000
28. Spain Madrid, Calle Serrano – $359,000
29. Ireland Dublin, Grafton Street – $329,000
30. Germany Berlin, Tauentzienstrasse* – $327,000
31. Germany Frankfurt, Zeil* – $327,000
32. Germany Hamburg, Spitalerstraße* – $327,000
33. Germany Dusseldorf, Konigsallee* – $327,000

* Joint 30th ranking

EMEA ~ Europe, Middle East & Africa

Top 30 Americas Retail Main Street Rental Price in 2025 (Country City, Street – Price per 1,000 sq ft per year):

1. United States New York City, Upper 5th Avenue (49th to 60th Streets) – $2 million
2. United States New York City, Madison Avenue (57th to 72nd Streets) – $1.3 million
3. United States Los Angeles, Rodeo Drive (Beverly Hills) – $1.1 million 
4. United States New York City, SoHo (Broadway to West Broadway, West Houston to Canal Streets) – $950,000
5. United States Miami, Design District – $500,000
6. United States Honolulu, Kalakaua Avenue – $500,000
7. United States San Francisco, Union Square – $4500,000
8. United States Boston, Newbury Street – $480,000
9. United States Las Vegas, Las Vegas Blvd – $445,000
10. United States Chicago, Oak Street – $400,000
11. United States Chicago, North Michigan Avenue – $350,000
12. United States Austin, South Congress (SoCo) – $250,000
13. United States Palm Beach, Worth Avenue – $250,000
14. United States Miami, Lincoln Road – $225,000
15. Canada Toronto, Bloor Street – $217,000
16. United States Miami, Brickell Avenue Corridor – $210,000
17. United States Houston, River Oaks District – $200,000
18. United States Washington DC, Georgetown – $180,000
19. United States Miami, Wynwood – $150,000
20. Canada Montreal, Saint-Catherine West – $127,000
21. United States Palm Beach, Delray Beach-Atlantic Avenue – $125,000
22. Brazil São Paulo, Oscar Freire Jardins – $123,000
23. Canada Vancouver, Robson Street – $114,000
24. United States Fort Lauderdale, Las Olas – $110,000
25. Mexico Mexico City, Masaryk – $100,000
26. Brazil São Paulo, Faria Lima – $100,000
27. United States San Diego, Del Mar Heights Blvd (Suburban Del Mar Heights)  – $100,000
28. Brazil Rio de Janeiro, Visconde de Pirajá – $89,000
29. Brazil Rio de Janeiro, Garcia D’avilla (Ipanema) – $85,000
30. United States Seattle, CBD / Core – $49,000

Cushman & Wakefield

 Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture.

Managing $20 million to $3 billion. Investing $3 million to $300 million.
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