Monday, September 05, 2011

The most expensive avenue in Europe


The news came last Thursday after commercial real estate firm Cushman & Wakefield released their annual study regarding the price of the rental value of the major shopping streets in the world : The Champs Elysées is the most expensive shopping street in Europe - and the 5th in the world - before New Bond street in London. It will cost you 7,364 euros per square meter per year if you plan to open a little shop around the corner down there! No wonder only big chain stores can afford it... After Abercrombie and Fitch, Tommy Hilfiger, H & M it will soon be the turn of Banana Republic and... Marks and Spencers (from the UK). BTW, I took this photo from the Arc de Triomphe, as you probably guessed already!

24 comments:

  1. My kids absolutely loved the Adidas shop on here when we visited last. We are visiting again in October and its the first place they want to visit again. xx

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  2. That's alotta green to come up with every month! Eric, do you get a frequent climber's pass for the Arc de Triomphe?! I'm reminded of one of my favorites of yours - a shot looking down the stairway inside the Arc - both of these are beautiful shots.

    Update to a few days ago - MSNBC has an article on the shot of the Eiffel Tower with lightning behind it, so, I;m holding out hope that it may be real! Check it out and see what you think....

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  3. I love how the avenue is neatly marked with lanes and pedestrian crossings, but when it comes to the roundabout around the Arc it looks like they just gave up and it's a free for all :)

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  4. Great shot Eric. I always thought Paris had the best shops in the world, still do. It seems strange to me that shops from the USA and UK would be popular in Paris.

    The shops you mentioned that's coming to the Champs Elysees must be doing pretty good to afford renting space there.

    Kris

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  5. When is Marks and Spencer opening there???!!!

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  6. OH Champs Elysées...always worth a photo...

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  7. It's so good to hear that UK's favourite underwear will be available to Parisians once again. How have they survived the last ten years without it?
    And before you ask, the answer is yes.

    Monica, just before Christmas I believe.
    Kris, I remember to my surprise, that the M&S food hall was extremely popular in the past.

    PS If this sounds like a M&S promo, I have to declare an interest. My daughter works for them, but not in Paris - yet!

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  8. Eric, what time of day were did you take this photo? There is so little traffic!

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  9. Such a fab shot! I'd like to see the same view - at night. Are you up to a little long exposure thing, Eric? ;D lol...

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  10. mmmmm I am a littel anxious about M & S returning to Paris as when I visit I come with a back pack full of English salt and vinegar crips for my Parisien friendwho loves them . Now if they are available sur le Champs will I be such a welcome guest .. I hope so .

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  11. "The Champs Elysées is the most expensive shopping street in Europe" ..... are you referring to Marseille Eric??? LOL!!!! couldn't help myself sorry!! :-)

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  12. Amazing shot! Where is the Apple store in Paris ? They should have one there, right next to themold Pub Renault.

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  13. That looks amazing!! (Yes, I will be window shopping there, but probably not any actual purchasing!)

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  14. That's fine on the Champs but the homogenization of Paris continues. During the 80s I lived just off Rue Oberkampf in the 11th. All the proprietor-owned shops are gone.

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  15. PS. Thanks for the great pics and descriptions, Eric. I've been enjoying your blog for years!

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  16. DRUMMOND thanks! Looking foward to it!!

    If your daughter works for them, then it´s a valuable inside information ;)

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  17. Love the Champs Elysees .. the best place to walk and shop :)

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  18. I'm impressed, but more by your photo! After all, it's only #3, after Fifth Avenue in my hometown and Causeway Bay in Hong Kong. :~}

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  19. I love your photo.
    And I love Paris.
    I have been there 10 times.

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  20. PS - its sept 11 and I've just seen Le Figaro featuring the shot of the eiffel with the lightning, so, I think its for real.

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  21. I am impressed but i want to know more about paris.

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  22. Yes, it is very expensive, but it is very marvellous

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