Main Streets across the World 2023

MAIN STREETS ACROSS THE WORLD 2023 | 22

RENTS AND RANKINGS 02

R E G I ON A L H I G H L I G H T S APAC

MOST EXPENSIVE RETAIL LOCATION Tsim Sha Tsui (main street), Hong Kong,

MOST AFFORDABLE RETAIL LOCATION Anna Nagar 2 nd Avenue, Chennai, India USD22/sq.ft/yr

Greater China USD1,493/sq.ft/yr

STRONGEST RENTAL GROWTH (YOY) Midosuji, Osaka, Japan +60% (USD730/sq.ft/yr)

BIGGEST RENTAL DECLINE (YOY) SM-Railway Station area, Xiamen, Greater China -26% (USD131/sq.ft/yr)

CUSHMAN & WAKEFIELD