Milan's Via MonteNapoleone surpasses NYC's Fifth Avenue as the world's priciest retail street.

Milan's Via MonteNapoleone has become the world's most expensive retail destination, overtaking New York's Fifth Avenue, according to Cushman & Wakefield's latest global index. The average rent on Via MonteNapoleone is now 20,000 euros per square meter, slightly higher than Fifth Avenue's 19,537 euros. The street's exclusivity and proximity to cultural sites contribute to its appeal for luxury brands.

3 months ago
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