Thursday, December 11, 2008

Most Expensive Retail Space

The HARDminute # 9
A Series of “Top Tens”
That Took Forever to Compile
But Requires Only Sixty Seconds
for You to Read.

Last time, we showed the most expensive OFFICE space in the world. THIS factoid shows the most expensive RETAIL streets and cities. I am amazed by the success of Grafton Street in Dublin . That says something about the Irish economy.

The world's most expensive shopping streets; Source:
Cushman & Wakefield
Rank 2007 / Country / Cities Location / Rent €/sq.m/year / Rent US$/sq.ft/year
1. US / New York / Fifth Avenue / 11,983 / 1,500
2. Hong Kong / Hong Kong / Causeway Bay / 9,688 / 1,213
3. France / Paris / Avenue des Champs Elysées / 7,364 / 922
4. UK / London / New Bond Street / 6,498 / 814 /
5. Japan / Tokyo / Ginza / 5,459 / 683 /
6. Ireland / Dublin / Grafton Street / 5,340 / 669
7. Switzerland / Zurich / Bahnhofstrasse / 3,926 / 492
8. Australia / Sydney / Pitt Street Mall / 3,905 / 489
9. Greece / Athens / Ermou / 3,600 / 451
10. S. Korea / Seoul / Gangnam Station / 3,441 / 431

Please let me know if this is of interest to you.

I welcome your feedback!

HARD

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