London’s Bond Street has been identified as the world’s third most expensive place for businesses to operate a store, with rents surging almost 40 per cent in the past year. The thoroughfare has overtaken Paris’ Champs Elysees in ranking, which dropped down to fifth place, while New York’s Upper Fifth Avenue and Hong Kong’s Causeway Bay retain their first and second positions respectively. Milan’s Via Montenapoleone came in at fourth.
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Bond Street world’s 3rd most expensive for retail tenants