Overview
- Cushman & Wakefield’s Main Streets Across the World 2025 ranks London’s New Bond Street first at $2,231 per sq ft per year after a 22% annual rise.
- Delhi’s Khan Market records 3% rent growth to about $223 per sq ft per year, slipping from 23rd to 24th globally yet remaining India’s costliest high street.
- India leads APAC rental gains, with Gurugram’s Galleria Market up 25%, Connaught Place up 14% and Mumbai’s Kemps Corner up 10%, and more than half of the country’s retail leasing occurring on high streets year to date.
- Globally, average headline rents rose 4.2% and 58% of tracked streets saw increases, reflecting demand outpacing limited prime-space supply.
- APAC shows mixed conditions, with Hong Kong’s Tsim Sha Tsui holding fourth globally at $1,515 per sq ft per year while Chennai’s Anna Nagar 2nd Avenue is the region’s most affordable at $25.