London’s New Bond Street Crowned the World’s Most Expensive Retail Destination in 2025 — What It Means for Global Luxury Real Estate
By : Whitehat Realty
30 Jan 2026
FAQs
FAQs
New Bond Street leads due to extreme scarcity of prime space, strong global luxury brand demand, high tourist footfall, and London’s position as a global financial and cultural hub.
In 2025, headline rents on New Bond Street reached US$2,231 per square foot per year, marking a 22% year-on-year increase.
The ranking comes from the Cushman & Wakefield Main Streets Across the World 2025 Report, which tracks retail rents across major global high streets.
New Bond Street overtook Via Montenapoleone (Milan) and Upper Fifth Avenue (New York), both long-standing leaders in global luxury retail rents.
Luxury brands view flagship stores as brand equity assets, not just sales points. High rents signal exclusivity, prestige, and long-term commitment to global visibility.
