In its Main Streets Across The World 2024 report, Cushman & Wakefield placed BGC in 43rd spot, unchanged from its rank last year.
The report noted that BGC retail rents increased three percent year-on-year to $51 per square foot per year.
Via Montenapoleone in Milan, Italy is the most expensive retail street this year, overtaking New York City's Fifth Avenue, and marking the first time a European location topped the list.
"This reflects robust rental growth on the Italian street, exceeding 30 percent in the last two years, further bolstered this year by the euro's appreciation against the US dollar," Cushman & Wakefield said.
This story is from the November 28, 2024 edition of The Philippine Star.
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This story is from the November 28, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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