Milan’s Via MonteNapoleone Tops Fifth Avenue as World's Priciest Shopping Street
- Via Montenapoleone has been named the world’s most expensive retail destination, surpassing New York’s Fifth Avenue, according to a commercial real estate company.
- The average rent on Via Montenapoleone is 20,000 euros per square meter, while Fifth Avenue averages 19,537 euros per square meter.
- Shoppers on Via Montenapoleone spent an average of 2,500 euros per purchase from August to November, the highest in the world, as reported by Global Blue.
- Milan’s public investments are benefiting shoppers and businesses, but confidence remains that Fifth Avenue will regain its status with new investments and record sales.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left5Leaning Right5Center12Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
54% Center
L 23%
C 54%
R 23%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
