Ermou ranks among world's 15 most expensive shopping streets

November 15, 2018

 

 

Ermou street in central Athens is the 15th most expensive main shopping street in the world, climbing four places from last year, according to Cushman and Wakefield.

 

In its Main Streets Across the World report for 2018, Cushman and Wakefield said that renting retail space on the Athens street, which leads to Syntagma square, costs 3,000 euros per square metre. Ermou street is more expensive than renting in other main street shopping districts in Amsterdam, Singapore and Prague, the report showed.

 

Topping the list is Causeway Bay in Hong Kong (24,606 euros/square meter), Upper Fifth Avenue in New York (20,733 euros/per square meter) and New Bond Street in London (16,071 euros/per square meter).

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