The data describes the most expensive retail locations worldwide as of June 2017, based on annual rent. In that year, the annual rent of a retail space in the Avenue des Champs-Elysees in Paris amounted to 1,407 USD per square foot.
Luxury retail locations – additional information
Where renters complain about high rents, top retailers see it differently. They believe that these locations are essential for brand equity, translating into increased sales and higher profit margins. Therefore big retailers pay high prices for top locations.
