London’s New Bond Street Tops Global Retail Rent Rankings

Reuters11-20

London's New Bond Street Tops Global Retail Rent Rankings

Cushman & Wakefield plc has released its latest "Main Streets Across the World" report, revealing that London's New Bond Street has become the most expensive retail destination globally for the first time. Over the past year, rents on New Bond Street surged by 22% to $2,231 per square foot annually, surpassing Milan's Via Montenapoleone and New York's Upper Fifth Avenue. The report highlights that strong demand, limited supply, and significant investment have driven this growth, especially in the luxury sector. Despite broader economic uncertainties, prime retail corridors are demonstrating resilience, buoyed by easing inflation, improving consumer sentiment, and a rebound in international tourism. The analysis suggests that these iconic retail locations continue to outperform wider market trends, supported by ongoing consumer appetite and robust brand demand for high-profile spaces.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cushman & Wakefield plc published the original content used to generate this news brief on November 19, 2025, and is solely responsible for the information contained therein.

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Over the past year, rents on New Bond Street surged by 22% to $2,231 per square foot annually, surpassing Milan's Via Montenapoleone and New York's Upper Fifth Avenue. The report highlights that strong demand, limited supply, and significant investment have driven this growth, especially in the luxury sector. Despite broader economic uncertainties, prime retail corridors are demonstrating resilience, buoyed by easing inflation, improving consumer sentiment, and a rebound in international tourism. The analysis suggests that these iconic retail locations continue to outperform wider market trends, supported by ongoing consumer appetite and robust brand demand for high-profile spaces.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cushman & Wakefield plc published the original content used to generate this news brief on November 19, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2584920986","isCrawlerRequest":true}