{"id":313681,"date":"2024-04-12T17:02:49","date_gmt":"2024-04-12T15:02:49","guid":{"rendered":"https:\/\/www.discoverwalks.com\/blog\/?post_type=news&p=313681"},"modified":"2024-04-12T17:05:51","modified_gmt":"2024-04-12T15:05:51","slug":"ranked-prague-parizska-is-central-eastern-europes-most-expensive-street","status":"publish","type":"news","link":"https:\/\/www.discoverwalks.com\/blog\/news\/ranked-prague-parizska-is-central-eastern-europes-most-expensive-street\/","title":{"rendered":"Ranked: Prague Pa\u0159\u00ed\u017esk\u00e1 is Central & Eastern Europe\u2019s Most Expensive Street"},"content":{"rendered":"

Prague Pa\u0159\u00ed\u017esk\u00e1 Street topped in Central and Eastern Europe (CEE) in the annual survey by Cushman & Wakefield, titled Main Streets Across the World 2023. Pa\u0159\u00ed\u017esk\u00e1 ranked 19th<\/sup> worldwide and 11th in Europe.<\/p>\n

As per the report, the Czech Republic has topped in CEE for many years, repeatedly being the only CEE country to appear in the top 20. Pa\u0159\u00ed\u017esk\u00e1 Street has represented Czechia two years in a row since 2022. It has overtaken Na P\u0159\u00edkop\u011b Street, which has been the pride of the Czech Republic on the ranking in previous years.<\/p>\n

This 33rd edition of the Cushman & Wakefield<\/a><\/strong> Main Streets Across the World ranking surveyed over 50 countries across the globe. The main factor considered in the analysis was the level of retail rents on each of these most expensive streets by country. Pa\u0159\u00ed\u017esk\u00e1 annual rent was \u20ac2,700 per sqm, translating to a monthly figure of \u20ac225 per sqm.<\/p>\n

Commenting about Pa\u0159\u00ed\u017esk\u00e1 Street, Jan Kotrb\u00e1\u010dek a senior manager at Cushman & Wakefield said: “Pa\u0159\u00ed\u017esk\u00e1 Street in Prague has long been a primary destination for luxury brands entering the region within Central and Eastern Europe. Every year we witness the opening of a store of one of the world’s luxury brands – last year it was Chanel, Balenciaga, and ALO Diamonds, this year Polo Ralph Lauren and Jimmy Choo. Prague is a very desirable destination for luxury brands within Europe and Â鶹APP Street creates a unique location for the presentation of luxury goods. This street and its surroundings are by far the nicest, most compact luxury destination in Central Europe and has the widest range of brands represented.” Quoted by Property Forum publication.<\/p>\n

Worldwide, New York City\u2019s 5th Avenue secured the top spot with annual retail rents amounting to \u20ac20,384 per sqm or \u20ac1,700 per sqm per month. Via Montenapoleone in Italy\u2019s Milan secured second place. Tsim Sha Tsui in Hong Kong, New Bond Street in London, and Avenue des Champs-\u00c9lys\u00e9es in Â鶹APP rounded in the top five.<\/p>\n

Prague’s Â鶹APP Street is Expanding to Defend Future Status<\/strong><\/p>\n

Pa\u0159\u00ed\u017esk\u00e1 Street is seeking to defend its status with more retail rent space in prime locations. It will expand along the banks of the Vltava River near Milo\u0161 Forman Square to create more retail rent space. There will also be development projects in the area around the Faculty of Law in the same region.<\/p>\n

Besides, with renovations on Fairmont Golden Prague Hotel at Pa\u0159\u00ed\u017esk\u00e1 30 complete, Pa\u0159\u00ed\u017esk\u00e1 Street is continually increasing its retail rent space. Other significant renovations geared towards availing more space include the recently completed modifications of the landmark building at Pa\u0159\u00ed\u017esk\u00e1 25.<\/p>\n

\n

Planning a trip to Â鶹APP ? Get ready !<\/p>\n

\n

These are\u00a0Amazon’s\u00a0best-selling<\/strong>\u00a0travel products that you may need for coming to Â鶹APP.<\/p>\n

Bookstore<\/strong><\/span><\/p>\n

    \n
  1. The best travel book : Rick Steves – Â鶹APP 2023<\/strong> –\u00a0Learn more here<\/a><\/strong><\/li>\n
  2. Fodor’s Â鶹APP 2024 –\u00a0Learn more here<\/a><\/strong><\/li>\n<\/ol>\n

    Travel Gear<\/strong><\/span><\/p>\n

      \n
    1. Venture Pal Lightweight Backpack –\u00a0Learn more here<\/a><\/strong><\/li>\n
    2. Samsonite Winfield 2 28″ Luggage –\u00a0Learn more here<\/a><\/strong><\/li>\n
    3. Swig Savvy’s Stainless Steel Insulated Water Bottle\u00a0–\u00a0Learn more here<\/a><\/strong><\/li>\n<\/ol>\n

      Check Amazon\u2019s best-seller list for the most popular travel accessories. <\/a>We sometimes read this list just to find out what new travel products people are buying.<\/strong><\/p>\n<\/div>\n<\/div>","protected":false},"author":1745,"featured_media":313682,"template":"","categories":[212],"subject":[4514],"class_list":["post-313681","news","type-news","status-publish","has-post-thumbnail","hentry","category-prague","subject-travel"],"acf":[],"yoast_head":"\nRanked: Prague Pa\u0159\u00ed\u017esk\u00e1 is Central & Eastern Europe\u2019s Most Expensive Street - Discover Walks Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.discoverwalks.com\/blog\/news\/ranked-prague-parizska-is-central-eastern-europes-most-expensive-street\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ranked: Prague Pa\u0159\u00ed\u017esk\u00e1 is Central & Eastern Europe\u2019s Most Expensive Street - Discover Walks Blog\" \/>\n<meta property=\"og:description\" content=\"Prague Pa\u0159\u00ed\u017esk\u00e1 Street topped in Central and Eastern Europe (CEE) in the annual survey by Cushman & Wakefield, titled Main Streets Across the World 2023. 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