Mehdi Touazi

<html><head></head><body><div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>Cushman &amp; Wakefield has just unveiled the second edition of its European Luxury Retail report on new luxury store openings in Europe. It reveals that 83 new luxury stores opened in 2024 on Europe&apos;s top 20 shopping arteries, across 16 cities in 12 countries, down from 107 in 2023.</p></div></div></body></html>

Retail

Deuxième édition du rapport European Luxury Retail de Cushman & Wakefield

The pace of luxury store openings also slowed in 2024 in Paris, but... 

The number of luxury store openings in Europe will fall slightly in 2024 

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

The CoStar Power Broker Awards recognize the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction are singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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The number of luxury store openings in Europe will fall slightly in 2024

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