Overview
- Cushman & Wakefield’s Main Streets 2025 report cites renewed retailer expansion and historically tight supply as the drivers of the annual increase.
- Barcelona’s Passeig de Gràcia remains Spain’s costliest at €3,420/m²/year, moving up to 16th in the global ranking.
- In Madrid, Serrano averages €3,300/m²/year as Gran Vía climbs to third at €3,120, with Preciados and José Ortega y Gasset near €3,000.
- The capital now accounts for six of Spain’s 15 most expensive retail corridors, while Málaga’s Marqués de Larios reaches €2,640 after a 10% rise and Valencia’s Colón jumps 15% to €1,800.
- Globally, London’s New Bond Street ranks first in 2025 at above €20,000/m²/year, reinforcing Europe’s leadership in prime retail rents.