London’s New Bond Street becomes world’s priciest retail destination, Bucharest’s Calea Victoriei ranks 39th
London’s New Bond Street has been crowned the world’s priciest retail destination for the first time, while Bucharest’s Calea Victoriei is in 39th place globally, according to Cushman & Wakefield’s latest Main Streets Across the World…
Irina Marica · Journalist
· Updated · 2 min read
London’s New Bond Street has been crowned the world’s priciest retail destination for the first time, while Bucharest’s Calea Victoriei is in 39th place globally, according to Cushman & Wakefield’s latest Main Streets Across the World report. Rents in Calea Victoriei recorded the 3rd highest growth among the 50 analysed markets worldwide.
Calea Victoriei, the main retail street in Bucharest, boasts a prime rental rate of EUR 70/sqm/month, 17% higher than last year. This places the Romanian capital 39th worldwide and 24th in Europe, on par with Zagreb.
