cushman and wakefield news and archive

135 Louis Vuitton Speedy 30s needed to cover the world's highest rent

London - New York City has long been seen as one of the most expensive cities in the world to live in. Therefore it should come as little surprise that Manhattan's Upper 5th Avenue continue to lead the way as the world's most expensive shopping street. The street has managed to hold onto its reigning title for the third year running in the 28th...

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Retail

Retail sector reacts to Brexit

The British Retail Consortium is urging the Government to move “quickly” to explain the process of disengagement from the European Union, as it states, without clarity, retailers will “suffer from a prolonged period of uncertainty”. The top retail priority the British Retail Consortium said of the Brexit negotiations will be the preservation of...

Retail

London luxury retailers buying stores to avoid rent hikes

Luxury retailers in London are avoiding the spiralling rental prices by buying their own shops, with around 70 percent of property sold on London’s Bond Street being purchased by retailers so they don’t lose out on prime London selling locations. According to new research by commercial property adviser Cushman and Wakefield, compiled exclusively...