Print this article

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Some streets are so sought-after by retailers that they are willing to pay premium rent for a space.

There are some shopping streets in the world that are so sought-after by retailers that they are willing to pay premium rent for a space.

Let's take a look at some of the most expensive retail locations in the world, including a market in India.

Source: Cushman & Wakefield

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Khan Market

City: New Delhi

Country: India

Annual rent per square foot: $252

Rank in rental rate in 2012: 26

Rank in rental rate in 2013: 28

Khan Market, one of the most famous shopping areas in the capital, has fallen two places in rental rates.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Customers line up outside a Prada store at Hong Kong's shopping district.

Causeway Bay

City: Hong Kong

Country: Hong Kong

Annual rent per square foot: $3,017

Rank in rental rate in 2012: 1

Rank in rental rate in 2013: 1

Causeway Bay retains its position as the most expensive retail location in the world.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

5th Avenue

City: New York

Country: United States

Annual rent per square foot: $2,500

Rank in rental rate in 2012: 2

Rank in rental rate in 2013: 2

5th Avenue retains its position as the second most expensive retail location in the world.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

A view of the Champs Elysees Avenue and the Arc de Triomphe monument in Paris, France.

Avenue des Champs-Elysees

City: Paris

Country: France

Annual rent per square foot: $1,601

Rank in rental rate in 2012: 3

Rank in rental rate in 2013: 3

Avenue des Champs-Elysees is one of the most famous locations in Paris.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

New Bond Street

City: London

Country: United Kingdom

Annual rent per square foot: $1,047

Rank in rental rate in 2012: 6

Rank in rental rate in 2013: 4

New Bond Street has climbed two ranks in rental rates compared to last year.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Ginza

City: Tokyo

Country: Japan

Annual rent per square foot: $984

Rank in rental rate in 2012: 4

Rank in rental rate in 2013: 5

Ginza has fallen one place in rental rates compared to last year.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Women runs past a clothing boutique announcing its New Year sales in Milan, Italy.

Via Montenapoleone

City: Milan

Country: Italy

Annual rent per square foot: $906

Rank in rental rate in 2012: 8

Rank in rental rate in 2013: 6

Via Montenapoleone has risen two places in rental rates compared to last year.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Bahnhofstrasse

City: Zurich

Country: Switzerland

Annual rent per square foot: $874

Rank in rental rate in 2012: 7

Rank in rental rate in 2013: 7

Bahnhofstrasse retains its position as the seventh most expensive retail location in the world.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Pitt Street Mall

City: Sydney

Country: Australia

Annual rent per square foot: $850

Rank in rental rate in 2012: 5

Rank in rental rate in 2013: 8

Pitt Street Mall has fallen three places in most expensive retail location ranking.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Myeongdong

City: Seoul

Country: South Korea

Annual rent per square foot: $732

Rank in rental rate in 2012: 9

Rank in rental rate in 2013: 9

Myeongdong remains the ninth most expensive retail location in the world.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Christmas decorations illuminate a shopping street in the centre of Vienna, Austria.

Kohlmarkt

City: Vienna

Country: Austria

Annual rent per square foot: $536

Rank in rental rate in 2012: 11

Rank in rental rate in 2013: 10

Kohlmarkt has risen one place in the most expensive retail location ranking.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Tourists Caro and Anna from Munich lie in a bed mounted to a rental bike as they ride along in central Berlin, Germany.

Kaufingerstrabe

City: Munich

Country: Germany

Annual rent per square foot: $522

Rank in rental rate in 2012: 10

Rank in rental rate in 2013: 11

Retailers at Kaufingerstrabe have to shell out $522 per sq ft rent per year.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

A woman walks past a Vivienne Westwood boutique in Moscow, Russia.

Stoleshnikov

City: Moscow

Country: Russia

Annual rent per square foot: $465

Rank in rental rate in 2012: N/A

Rank in rental rate in 2013: 12

Retailers at Stoleshnikov have to shell out $465 per sq ft rent annually.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Wangfujing

City: Beijing

Country: China

Annual rent per square foot: $436

Rank in rental rate in 2012: 14

Rank in rental rate in 2013: 13

Retailers at Wangfujing have to shell out $436 per sq ft rent annually.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Iguatemi

City: Sao Paulo

Country: Brazil

Annual rent per square foot: $404

Rank in rental rate in 2012: 12

Rank in rental rate in 2013: 14

Retailers at Iguatemi have to shell out $404 per sq ft rent annually.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

A man holds a foam cutout of five euros, which is an advertisement for a shop, as he walks in central Barcelona, Spain.

Portal de l'Angel

City: Barcelona

Country: Spain

Annual rent per square foot: $384

Rank in rental rate in 2012: 15

Rank in rental rate in 2013: 15

Portal de l'Angel remains the 15th most expensive retail location in the world.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Orchard Road

City: Singapore

Country: Singapore

Annual rent per square foot: $354

Rank in rental rate in 2012: 16

Rank in rental rate in 2013: 16

Orchard Road remains the 16th most expensive retail location in the world.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Visitors of a local cafe are reflected in a window in Amsterdam, the Netherlands.

Kalverstraat

City: Amsterdam

Country: The Netherlands

Annual rent per square foot: $350

Rank in rental rate in 2012: 18

Rank in rental rate in 2013: 17

Kalverstraat has climbed one place in the most expensive retail location ranking.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Karl Johans Gate

City: Oslo

Country: Norway

Annual rent per square foot: $342

Rank in rental rate in 2012: 22

Rank in rental rate in 2013: 18

Karl Johans Gate has climbed three places in the most expensive retail location ranking.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

A view of a shopping district in Kuala Lumpur, Malaysia.

Pavilion KL

City: Kuala Lumpur

Country: Malaysia

Annual rent per square foot: $323

Rank in rental rate in 2012: 19

Rank in rental rate in 2013: 19

Pavilion KL retains its position as the 19th most expensive retail location in the world.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

A salesperson watches as a woman tries on a pair of shoes in Tel Aviv, Israel.

Ramat Aviv

City: Tel Aviv

Country: Israel

Annual rent per square foot: $322

Rank in rental rate in 2012: 21

Rank in rental rate in 2013: 20

Retailers at Ramat Aviv have to shell out $322 per sq ft rent annually.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Customers sit in a Juan Valdez cafe north of Bogota, Colombia.

Shopping Centre

City: Bogota

Country: Colombia

Annual rent per square foot: $318

Rank in rental rate in 2012: 24

Rank in rental rate in 2013: 21

Retailers at Shopping Centre have to shell out $318 per sq ft rent annually.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

A woman carries shopping bags during the Christmas season in Toronto, Canada.

Bloor Street

City: Toronto

Country: Canada

Annual rent per square foot: $303

Rank in rental rate in 2012: 20

Rank in rental rate in 2013: 22

Retailers at Bloor Street have to shell out $303 per sq ft rent annually.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Grafton Street

City: Dublin

Country: Ireland

Annual rent per square foot: $288

Rank in rental rate in 2012: 17

Rank in rental rate in 2013: 23

Grafton Street has fallen three places in most expensive retail location ranking.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

People walk past a shop window displaying wedding dresses after an unusually heavy snowstorm in Kiev, Ukraine.

Kreschatik Street

City: Kiev

Country: Ukraine

Annual rent per square foot: $279

Rank in rental rate in 2012: 23

Rank in rental rate in 2013: 24

Kreschatik Street has fallen one place in most expensive retail location ranking.

Click NEXT to read more...

Indian shopping street among world's most expensive locations

Last updated on: November 18, 2013 18:03 IST

Stroget

City: Copenhagen

Country: Denmark

Annual rent per square foot: $275

Rank in rental rate in 2012: 25

Rank in rental rate in 2013: 25

Stroget retains its position as the 25th most expensive retail location in the world.