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Via Montenapoleone in the top ten of the most prestigious shopping streets in the world

Posted: 17 November 2016

Via Montenapoleone in Milan, the most famous streets of Milan’s fashion district, ranking sixth among the most expensive shopping streets in the world for commercial real estate.

Here the average cost of renting a store is €12,000 / sqm / year. The ranking was conducted by Cushman & Waefield.

Foremost is the New York Fifth Avenue with € 29,000 / sqm / year, followed by Causeway Bay in Hong Kong with € 27,900 / sq m / year, and Avenue des Champs Élysées in Paris with an average rent of € 13,300 / sqm / year.