New Bond Street has seen remarkable rental growth over the past year, with the biggest increases focused in the prime jewellery section between Clifford Street and Burlington Gardens. This surge is fueled by strong demand from luxury jewellers eager to secure space in this high-performing area. London’s broader retail revival, with double-digit rental growth on Oxford and Regent Streets, has added to the momentum. Meanwhile, major luxury groups acquiring properties for owner occupation have displaced some tenants and driven early lease renewals, as brands look to lock in their presence on this iconic street. With a low vacancy rate of just 5%, ongoing public realm improvements, and its status as the world’s most expensive retail destination, New Bond Street continues to cement its reputation as a global retail powerhouse and a magnet for luxury brands.
Head of EMEA Retail
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CUSHMAN & WAKEFIELD
MAIN STREETS ACROSS THE WORLD 2025
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