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Evening Standard
Evening Standard
Business
Jonathan Prynn

Bond Street prime retail rents overtake Milan's to become highest in Europe

Bond Street Milan Europe Mayfair Rolex Savills Luxury
Rolex is one of the brands taking space on Bond Street - (Rolex/Matthieu Gafsou)

Bond Street has the highest rents of any shopping destination in Europe, overtaking Milan, new research has revealed.

Mayfair’s premier luxury retail address now has indicative prime rents of €15,333 per sq m ( £1,225.55 per sq ft), up 20% in 2024, according to property consultants Savills.

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