The rise of online shopping has prompted some retailers to opt for fewer stores that are more “iconic” and which support online operations. The location of these high-profile stores matters more than ever, and prime locations in important fashion capitals have seen some of the greatest growth in rents as a result. CBRE’s new semiannual report on prime rents tracks global trends in rent values in more than 90 key markets around the globe.
Global Prime Retail Rents
10 Most Expensive Markets
New York, Hong Kong & London command world's highest retail rents.
10 Fastest Growing Markets
Six of the 10 fastest growing luxury retail markets are in Europe.
Of the 90 retail markets tracked 54% posted year-over-year increases.
Explore prime retail rent levels in 90 markets around the world.