Main Streets Across the World 2024

WHAT’S HOT ON MAIN STREET LOCATIONS IN 2024

LUXURY

FASHION

SPORT

This is where the competitive tension exists. As highlighted in our look-back at the world’s leading retail destinations, there is comparatively little change in the most sought-after destinations from a decade ago compared to today. In short, more retailers want to expand and open new flagship stores, but the number of flagship locations is little changed. It’s no wonder that vacancy rates therefore remain exceptionally tight which is fuelling, at times, exceptionally strong rental growth. The strength of “prime” continues to increase. Such market conditions have forced a strategic response in terms of identifying where the optimum locations are, how to occupy those locations, and then driving sufficient revenue through them to remain profitable.

COSMETICS

FOOD & BEVERAGE

MIXED GOODS

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CUSHMAN & WAKEFIELD

MAIN STREETS ACROSS THE WORLD 2024