Prime retail streets prove resilient to global economic downturn

The world's main shopping streets are proving largely resilient to the global economic downturn with retail rental levels rising or at least remaining stable in 94% of 236 streets monitored. The findings are in real estate adviser Cushman & Wakefield's 23rd annual Main Streets Across the World report which provides a global barometer of the strength and popularity of shopping streets in 48 countries.

New York's Fifth Avenue is once again the world's most expensive shopping street where retailers can now expect to pay rents of

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