New York’s Fifth Avenue has retained its top position as the world’s most expensive shopping street in the world, according to Main Streets Across the World 2006, with unit rental on Fifth Avenue commanding an average of of US$1.35m per 1,000 sq ft/93 sq m per annum.
|
Ranking 2006 |
Ranking 2005 |
Country | City | Location | €/sqm/year | US$/sq ft/ year |
|
1 |
1 |
USA | New York | 5th Avenue |
11,364 |
1,350 |
|
2 |
2 |
Hong Kong | Hong Kong | Causeway Bay |
9,544 |
1,134 |
|
3 |
3 |
France | Paris | Avenue des Champs Elysées |
6,775 |
805 |
|
4 |
4 |
UK | London | New Bond Street |
5,667 |
673 |
|
5 |
5 |
Japan | Tokyo | Ginza |
5,486 |
652 |
|
6 |
6 |
Ireland | Dublin | Grafton Street |
4,496 |
534 |
|
7 |
10 |
Switzerland | Zurich | Bahnhofstrasse |
3,517 |
418 |
|
8 |
7 |
Australia | Sydney | Pitt Street Mall |
3,294 |
391 |
|
9 |
8 |
South Korea | Seoul | Myeongdong |
3,169 |
376 |
|
=10 |
9 |
Germany | Munich | Kaufingerstraße |
3,000 |
356 |
|
=10 |
12 |
Greece | Athens | Ermou |
3,000 |
356 |
THE WORLD’S MOST EXPENSIVE SHOPPING STREETS
Source: Cushman & Wakefield
