Main Streets Across the World 2024

EUROPE

Europe Ranking 2024

Europe Ranking 2023

Market

City

Location

Rent (USD/sq.ft/yr)

Rent (EUR/sqm/yr)

YOY (LCY)

1

1

Italy

Milan

Via Montenapoleone

$2,047 $1,762 $1,536 $1,282

€ 20,000

11%

2 3 4

2 3 4 5 7 6

United Kingdom

London

New Bond Street

€ 17,210

13%

Italy

Rome

Via Condotti

€ 15,000 € 12,519 € 9,942 € 9,585

3%

France France

Paris Paris

Avenue des Champs-Elysees

10%

5

Rue St. Honore Bahnhofstrasse

$1,018

0%

6

Switzerland

Zurich

$981

1%

7

France France France

Paris Paris Paris

Avenue Montaigne

$980

€ 9,573

0% 0%

8

8

Rue du Faubourg Saint-Honore Place Vendôme/Rue de la Paix

$867

€ 8,469

9

9

$810

€ 7,917

2%

10

10

Italy

Rome

Piazza Di Spagna

$778 $732 $699 $655 $603 $568 $563 $553 $553 $529 $516 $491 $469 $393 $356 $344 $326 $614

€ 7,600

1%

11

11

United Kingdom United Kingdom

London London

Sloane Street

€ 7,151

0% 5% 7% 0%

12 13 14 15 16

12 13 13 15 21 19

Covent Garden

€ 6,826

Italy Italy

Milan

Corso Vittorio Emanuele

€ 6,400 € 6,000

Florence

Via Roma

France

Cannes

La Croisette

€ 5,891

7%

United Kingdom

London

Regent Street

€ 5,545

16%

17

Italy

Rome

Via del Corso

€ 5,500 € 5,400 € 5,400

10%

18 19

17

Austria

Vienna

Kohlmarkt Via Strozzi

5%

16 18

Italy

Florence London London Geneva Munich Athens Munich Barcelona Vienna

0% 0% 0% 18% 0% 0% 0% 6% 4% 0% 8%

20

United Kingdom United Kingdom

Oxford Street

€ 5,163

21

20 23 22 24 25 26 28 33

Brompton Road

€ 5,038

22 23 24 25 26 27 28 29

Austria

Karntnerstrasse/Graben

€ 4,800 € 4,580 € 3,840 € 3,480

Switzerland

Rue de Rhone

Germany

Kaufinger/Neuhauser

Greece

Ermou

Germany

Maximilianstraße

€ 3,360

Spain Spain

Passeig de Gracia

€ 3,180

Madrid

Serrano

$313

€ 3,060 € 3,024

27

Ireland

Dublin

Grafton Street

$310

Source: Cushman & Wakefield 3

3 In locations where rental levels are usually reported as Zone A, rents have been standardised so as to be able to compare with other geographies.

14

CUSHMAN & WAKEFIELD

MAIN STREETS ACROSS THE WORLD 2024