| Home | News| Living in China| SMS | About us | Contact us|
   
 Language Tips > Business news
Updated: 2004-10-27 10:08
Fifth Avenue tops shops rich list
最近的调查报告显示:美国纽约最繁华的第五大街仍然高居世界最昂贵商业街排行榜榜首。曼哈顿第五大街的平均租金每年每平米超过1万美元。  

Fifth Avenue tops shops rich list
Shops on Fifth Avenue pay the highest retail rent in the world (Agencies)

New York's glamorous Fifth Avenue remains the world's most expensive shopping street, a report has found.

The average rent on Fifth Avenue in Manhattan is £5,680 ($10,226) per square metre per year, according to Main Streets Across the World 2004.

Paris' Champs Elysees (£4,248) is the most expensive European street, followed by four London locations.

These are Oxford Street (£3,090), Bond Street (£3,036), Covent Garden (£2,848) and Brompton Road, home to Harrods.

Outside of London, Newcastle's Northumberland Street is the next most expensive shopping road in the UK, with an annual rent of £1,742 per square metre.

This is followed by Birmingham's High Street, Leeds' Commercial Street, Manchester's Market Square, Edinburgh's Princes Street and Glasgow's Buchanan Street.

Retailers on Dublin's Grafton Street (£2,279) pay more rent than anywhere in Germany, Australia or Japan.

But it is Fifth Avenue - or rather, a stretch of it - that continues to rule the roost.

"This very specific stretch of Fifth Avenue only has around 55 stores in total," said Gene Spiegelman, a senior director at the company behind the report - US real estate giant Cushman & Wakefield Healey & Baker (C&W H&W).

"The demand for retail positions here is huge as leading brands covet this location, eager to be associated with the glamour of the Fifth Avenue name."

In Europe, rents on London's Bond Street experienced the biggest rise, rising from number six in the European rankings to number three, the report said.

The Main Streets Across the World 2004 study tracks retail rents in the world's top 229 shopping locations across 45 countries around the world.

(Agencies)

 

Vocabulary:
 

glamorous: having an air of allure, romance and excitement(富有魅力的,迷人的)

 
Go to Other Sections
Story Tools
Related Stories
· Fifth Avenue tops shops rich list
· EU to lift trade sanctions against US amid lingering doubts
· US moves to restrict Chinese sock imports
more
 
Copyright by chinadaily.com.cn. All rights reserved

版权声明:未经中国日报网站许可,任何人不得复制本栏目内容。如需转载请与本网站联系。
None of this material may be used for any commercial or public use. Reproduction in whole or in part without permission is prohibited.