Rents on Via Monte Napoleone have jumped as tax break schemes lure the super-rich

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So long, Fifth Avenue. The world’s most expensive shopping street is now in Milan

By Hanna Ziady, CNN London (CNN) — Milan’s Via Monte Napoleone has beat out New York’s Fifth Avenue to become the world’s most expensive shopping street, marking the first time a European city has topped the rankings. Rents on the street, situated in the heart of Italy’s financial capital, jumped 11% over the past 12 months to $2,047 per square foot, or €20,000 ($21,094) per square meter, as demand outstripped supply, according to a report relea…

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Earlier this year, Gucci owner Kering spent $1.4 billion to acquire one of the largest buildings in Milan's Via Monte Napoleone.GABRIEL BOUYS/AFP via Getty ImagesMilan has dethroned New York City as home to the world's most expensive street in retail.Via Monte Napoleone boasts annual rents of $1,959 per square foot, per a new report.Luxury giant Kering recently purchased a $1.4 billion building in the elite district.New York City's Fifth Avenue …

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New York City's Fifth Avenue has been dethroned as the world's most expensive shopping street — here's the new Top 10

Via Montenapoleone in Milan was the most expensive shopping street in the world. This conclusion was reached by analysts at the consulting company Cushman & Wakefield in their study, RIA Novosti reports. The average rent in this location reaches $2,047 per square foot (or 20,000 euros per square meter) per year. The second most expensive street for retail is Fifth Avenue in New York, where rental prices have not changed since 2022 and stay at $2…

Виа Монтенаполеоне в Милане оказалась самой дорогой торговой улицей мира. К такому выводу пришли аналитики консалтинговой компании Cushman & Wakefield в своем исследовании, пишет РИА Новости. Средняя арендная плата в этом месте достигает 2047 долларов за квадратный фут (или 20 тысяч евро за квадратный метр) в год. Второе место среди самых дорогих улиц для розничной торговли занимает Пятая авеню в Нью-Йорке — там цены на аренду не изменились с 20…

Названа самая дорогая улица мира

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The most expensive street in the world was named

Via Montenapoleone in Milan becomes for the first time the most expensive luxury shopping street in the world, with 'prime' fees of 20,000 euros per square meter per year. Raising the Milanese fashion street on the top step of the podium, from which the Upper 5th Avenue in New York is knocked down, is the 34th report 'Main Streets Across the World', created by the real estate group Cushman & Wakefield, which monitors 138 urban retail locations a…

Via Montenapoleone a Milano diventa per la prima volta la via commerciale del lusso più costosa al mondo, con canoni 'prime' di 20.000 euro al metro quadro all'anno. A issare la via della moda milanese sul gradino più alto del podio, da cui viene scalzata la Upper 5th Avenue a New York, è il 34esimo report 'Main Streets Across the World', realizzato dal gruppo immobiliare Cushman & Wakefield, che monitora 138 location retail urbane nel mondo, pr…

Montenapoleone la via del lusso più cara al mondo

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Montenapoleone, the most expensive luxury route in the world

For the first time, a European location in the global ranking: the rents of the stores in Via Monte Napoleone reach 20 thousand euros per square meter. Via Condotti in Rome is in fifth place

Per la prima volta una location europea nella classifica globale: gli affitti dei negozi in via Monte Napoleone toccano i 20 mila euro al metro quadro. Via Condotti a Roma è al quinto posto

Via Monte Napoleone a Milano supera la Fifth Avenue di New York: è la via dello shopping più cara del mondo. La classifica

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Via Monte Napoleone in Milan exceeds Fifth Avenue in New York: it is the most expensive shopping street in the world. The ranking

Milan's via Montenapoleone was named the world's most expensive retail destination in the 2024 Main Streets Across the World report released on Wednesday by real estate group Cushman & Wakefield. (ANSA)

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Milan's Montenapoleone world's most-expensive retail street

Barcelona’s Passeig de Gràcia remains the most expensive shopping street in Spain, with an average price of 3,180 euros per square meter per year, according to the report Main Streets Across the World presented this Wednesday by Cushman & Wakefield. The figure is 6% higher than last year, above the 4% experienced by Serrano Street in Madrid, the second most expensive street in the country with 3,060 euros the m2 / year.Keep reading...

La barcelonesa Passeig de Gràcia se mantiene como la calle comercial más cara de España, con un precio medio de 3.180 euros por metro cuadrado al año, según el informe Main Streets Across the World presentado este miércoles por Cushman & Wakefield. La cifra es un 6% superior a la del año pasado, por encima del 4% que experimenta la calle Serrano de Madrid, segunda más cara del país con 3.060 euros el m² /año.Seguir leyendo...

Passeig de Gràcia sube precios y se consolida como la calle comercial más cara de España

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Passeig de Gràcia raises prices and consolidates as the most expensive shopping street in Spain

The highest rents for shops this year were in Via Montenapoleone in Milan, which houses the boutiques of a number of luxury brands. This is reported by the real estate company Cushman & Wakefield. It is the first time that a European location has come out on top in this ranking. Prague's Pařížská Street dropped one place, now it's 20th.

Nejvyšší nájmy pro obchody byly v tomto roce v ulici Montenapoleone v Miláně, kde sídlí butiky řady luxusních značek. Uvádí to zpráva realitní společnosti Cushman & Wakefield. Je to poprvé, co se evropská lokalita dostala na prvním místo v tomto hodnocení. O jednu příčku si pohoršila pražská Pařížská ulice, nyní je dvacátá.

Zapomeňte na New York. Nejdražší nákupní ulice světa je poprvé v Evropě

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Forget New York. The world's most expensive shopping street is in Europe for the first time

Paseo de Gracia in Barcelona and Calle Serrano in Madrid remain one more year as the streets with the most expensive locals in Spain. According to the report 'Main Streets Across the World', elaborated by the international consultant Cushman & Wakefield, besides that both arteries are within those that have the highest rents in the world, both are very close to their historical peaks recorded before the pandemic.Keep reading....

Paseo de Gracia en Barcelona y la calle Serrano en Madrid se mantienen un año más como las calles con los locales más caros de España. Según el informe 'Main Streets Across the World', elaborado por la consultora internacional Cushman & Wakefield, además de que ambas arterias se encuentran dentro de las que tienen las rentas más altas del mundo, ambas están muy próximas de sus máximos históricos registrados antes de la pandemia.Seguir leyendo....

Paseo de Gràcia sigue siendo la calle más cara de España: sus precios rozan máximos históricos

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Paseo de Gràcia is still the most expensive street in Spain: its prices rub historical maximums

The new queen of the most expensive shopping streets in the world is Milan's Via Monte Napoleone. For the first time ever, it beat the famous classes of larger cities like New York or London. A ranking by real estate company Cushman & Wakefield showed this. The Italian city is benefiting from an influx of wealthy tourists and a fierce competitive battle between luxury brands for prime real estate.

Novou královnou nejdražších nákupních ulic na světě je milánská Via Monte Napoleone. Vůbec poprvé porazila slavné třídy větších měst jako New York nebo Londýn. Ukázal to žebříček realitní společnosti Cushman & Wakefield. Italské město těží z přílivu bohatých turistů a tvrdému konkurenčnímu boji mezi luxusními značkami o prvotřídní nemovitosti.

Milan beats London and New York as home to most expensive shopping street

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