by Felix Richter, Statista.com
— this post authored by Dyfed Loesche
When it comes to pricey retail locations, the Upper 5th Avenue in New York City is the most costly place on earth to entertain shoppers.
Retailers have to pay $US 3,000 per square foot a year to present their wares to the wealthy. As our infographic shows, Hong Kong makes second place, followed by the European cities Paris and London, according to the report “Main Streets Across The World” by real estate services company Cushman & Wakefield.
Most expensive locations to rent retail space by city & country 2016.
You will find more statistics at Statista.
