Euro Luxury Rental Growth Double of High-street Level, Says Cushman & Wakefield [Yahoo! Finance]
Cushman & Wakefield plc Ordinary Shares (CWK)
Last cushman & wakefield plc ordinary shares earnings: 2/27 04:09 pm
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Source: Yahoo! Finance
Based on an analysis of 107 openings — 60 percent fashion and accessories, and 20 percent jewelry and watches — on 20 key luxury retail streets in 16 cities across 12 European nations last year, the report found that luxury rentals performed better as players in the sectors are hyper-focused on location. More from WWD Watches of Switzerland Group Buys Jeweler Roberto Coin Inc. Prince Harry Returns to London With His Signature Style for the Invictus Games Foundation 10th Anniversary SXSW Heads to London in First European Expansion The average annual rental growth for luxury streets reached 3 percent in 2023, while for all high streets, rental growth was 1.6 percent on average. Rental levels on high streets across Europe remain 10 percent below their end-2018 levels over the past five years. Rents on luxury high streets have returned to end-2018 levels, the report said. London remains a top player in luxury retail with New Bond Street seeing eight openings in the last year,
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CWK
Earnings
- 4/29/24 - Beat
CWK
Sec Filings
- 5/20/24 - Form 424B7
- 5/20/24 - Form FWP
- 5/20/24 - Form S-3ASR
- CWK's page on the SEC website