Global luxury retail openings and rents see unexpected increase amid challenging backdrop, says Savills

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! A new report from Savills reveals that global luxury retail continues to weather economic headwinds, with core markets reporting strong rental growth in 2024. Across the 21 destinations the international real estate advisor tracks, over 75% reported annual increases or a hold in prime headline rents YoY (year-on-year). New York’s Fifth Avenue strengthened its position […] If you want more information Retail Times get in touch! Retail Times - Retail Times | Retail News | Free Retail News

Apr 10, 2025 - 09:57
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Global luxury retail openings and rents see unexpected increase amid challenging backdrop, says Savills

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides!

A new report from Savills reveals that global luxury retail continues to weather economic headwinds, with core markets reporting strong rental growth in 2024. Across the 21 destinations the international real estate advisor tracks, over 75% reported annual increases or a hold in prime headline rents YoY (year-on-year). New York’s Fifth Avenue strengthened its position […]

If you want more information Retail Times get in touch! Retail Times - Retail Times | Retail News | Free Retail News