Rome's most famous shopping street Via del Corso saw rents dramatically decrease between March 2020 and March 2022. During this period, high street rents fell by 22 percent. One of the main reasons for this decline is the drop in tourism during the coronavirus (COVID-19) pandemic. Paris' Champs-Elysees and London's Oxford Street experienced a similar trend, with rents falling by 20 percent.
Percentage change on previous year for high street retail rents on selected streets in Europe as of March 2021
Characteristic
Rental growth
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Retail Week. (June 1, 2021). Percentage change on previous year for high street retail rents on selected streets in Europe as of March 2021 [Graph]. In Statista. Retrieved September 09, 2024, from https://www.statista.com/statistics/1277684/high-street-retail-europe-rent-change/
Retail Week. "Percentage change on previous year for high street retail rents on selected streets in Europe as of March 2021." Chart. June 1, 2021. Statista. Accessed September 09, 2024. https://www.statista.com/statistics/1277684/high-street-retail-europe-rent-change/
Retail Week. (2021). Percentage change on previous year for high street retail rents on selected streets in Europe as of March 2021. Statista. Statista Inc.. Accessed: September 09, 2024. https://www.statista.com/statistics/1277684/high-street-retail-europe-rent-change/
Retail Week. "Percentage Change on Previous Year for High Street Retail Rents on Selected Streets in Europe as of March 2021." Statista, Statista Inc., 1 Jun 2021, https://www.statista.com/statistics/1277684/high-street-retail-europe-rent-change/
Retail Week, Percentage change on previous year for high street retail rents on selected streets in Europe as of March 2021 Statista, https://www.statista.com/statistics/1277684/high-street-retail-europe-rent-change/ (last visited September 09, 2024)
Percentage change on previous year for high street retail rents on selected streets in Europe as of March 2021 [Graph], Retail Week, June 1, 2021. [Online]. Available: https://www.statista.com/statistics/1277684/high-street-retail-europe-rent-change/
