The Amsterdam Kalverstraat has dropped one place on the ranking with the shopping streets with the highest rent worldwide. The street is now in seventeenth place. Causeway Bay in Hong Kong will again be the shopping street with the highest rent in the world in 2019. This is evident from the annual Main Streets Across the World report from real estate consultant Cushman & Wakefield.
In the Kalverstraat the top rental price per square meter is around 2,850 euros per year. That is about the same as in 2018.
In the Netherlands, the real estate advisor examined a total of eight streets, including the Rotterdamse Lijnbaan, the Ketelstraat in Arnhem and the Demer in Eindhoven. After the Kalverstraat follows the Amsterdam PC Hooftstraat with an annual rent per square meter of 2,800 euros. The Grote Straat in Maastricht follows in third place, with 1,600 euros per square meter per year.
The highest rental price in Causeway Bay in Hong Kong amounts to an amount of 25,965 euros per square meter per year. The Upper 5th Avenue in New York follows with an amount of 21,295 euros. London's New Bond Street is in third place, making it the most expensive European shopping street. The top rental price here is 16,222 euros per square meter per year.
Of the top ten, half of the shopping streets with the highest rent are in Europe.
Cushman & Wakefield has been conducting shopping street research since 1988, with the number of countries being investigated constantly increasing. The annual report now compares 448 shopping streets in 68 countries.