Italy: Milan’s Montenapoleone luxury street moving towards China, rents keep climbing

Realopedia Global Real Estate Portal

In 2016, Milan’s via Montenapoleone hit yet another milestone: according to the latest figures from Cushman & Wakefield, rent per square meter on Milan’s most famous high-end shopping street rose by 20% to €12,000 per year, ranking number one in Italy and third overall in Europe. Has the crisis, or at least a slowdown, not affected the luxury sector?

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Source : Italy: Milan’s Montenapoleone luxury street moving towards China, rents keep climbing