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Main Streets Across the World 2024

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Discover Cushman & Wakefield’s annual analysis of the world’s leading retail streets, with a special focus on France and its commercial real estate market.

The Champs-Élysées: A Key Player in the French Market 

Paris holds a prominent position in the global ranking of retail streets. The Avenue des Champs-Élysées ranks 5th among the most expensive streets worldwide, with an average annual rent of €12,519/m² (+10% compared to the previous year). This growth reflects the dynamism of the luxury real estate sector and the capital’s appeal as a tourist destination.

Other Parisian areas, such as Rue Saint-Honoré and Avenue Montaigne, also demonstrate the market’s resilience, maintaining stable rents and high demand driven by major international brands.

Global Trends and Impact on France

  • Global rent growth: Rents on super-prime streets have increased by an average of 4.4% year-onyear, surpassing pre-pandemic levels.
  • Tourism and consumption: The rise in international tourism (+11% in 2023) supports demand on Parisian shopping streets, particularly for luxury goods.
  • Innovation and customer experience: Brands are focusing on omnichannel strategies and unique in-store experiences to build loyalty among discerning customers. 

Dive into the full analysis to explore trends in commercial real estate and discover why Paris remains a must-visit destination for luxury brands. Download the report to gain an in-depth view of global market rankings and insights.

 

Contacts

Head of Retail Services • Leasing Agency - Retail
Christian Dubois

Head of Retail Services
Neuilly-sur-Seine, France


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Président Directeur Général • VA Valuation Services
Jean-Philippe Carmarans

Président Directeur Général
Neuilly-sur-Seine, France


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PREVIOUS ISSUES

Main Streets 2023
MAIN STREETS 2023

View the 2023 Main Streets Across the World ranking and report.

LEARN MORE

Main Streets 2022
MAIN STREETS 2022

View the 2022 Main Streets Across the World ranking and report.

LEARN MORE

Main Streets 2019
MAIN STREETS 2019

View the 2019 Main Streets Across the World ranking and report.

LEARN MORE


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