Savills Global Luxury Retail

Savills Global Luxury Retail:

The Geography of Luxury Retailing

Source: Savills Research

Investor attractiveness ranking based on market size & occupier terms.

Rent is ZA per sq ft.

***

Rent for high footfall location not luxury

Global Luxury Retail Cities

LONDON

5.0% $2,918** 1

PARIS

5.9% $1,636** 5

MADRID

0.6% $236 9

MILAN

5.0% $1,418 14

DUBAI

1.6% $381 13

HONG KONG

4.7% $1,535 12

SHANGHAI

2.2% $361 10

NEW YORK

3.7% $3,200 2

TORONTO

3.1% $318 4

TOKYO

5.9% $1,157 6

SEOUL

0.6% $642*** 7

Share of global luxury store openings

Prime luxury retail rent Q317 (US$ per sq ft per annum)

Global luxury city investor attractiveness ranking*

SYDNEY

1.6% $723 11

MIAMI

0.6% $350 7

LOS ANGELES

3.7% $700 3

SAO PAULO

0.3% $286 15