1、MAINSTREETSACROSS THE WORLD 2022CONTENTSCONTENTS01INTRODUCTIONKEY INDICATORS&GLOBAL RANKINGSKEY TRENDS TO WATCH0203INTRODUCTIONINTRODUCTION0101INTRODUCTIONWHAT A DIFFERENCE THREE YEARS MAKE.Its been three years since we published the last global Main Streets Across the World report.The pause seemed

2、appropriate considering the global pandemic and its falloutthe economic uncertainty,community lockdowns,restricted travel,supply chain constraints and a host of other issues impacting retail real estate.Even before 2020,industry headlines leaned toward the provocativeand even hyperbolic,at timessugg

3、esting a steady decline,if not demise,of physical retail.Fast forward three years and“retail apocalypse”is no longer the term du jour.While we still face economic volatility,the conversation has shifted to retails futurean omnichannel world in which the most successful brands understand their custom

4、ers on a new level and meet them where they are.In fact,we can confidently say the industry has just been through one of the biggest stress tests imaginable and retail real estate has come out of the other side not only having survived but emerged as strong as ever in certain segments.This report fo

5、cuses on those segments,namely the best urban retail locations in the strongest neighborhoods.These prime locations have demonstrated tremendous resilience,and the data in this report underscores that resilience,albeit with regional and market nuances.While some markets are recovering at a much slow

6、er pace,in most of the locations the report features,rents have rebounded relative to pandemic lows,and in a few prime locations,especially those favored by luxury retailers,rents have surpassed 2019 pre-pandemic levels.01I N T R O D U C T I O NM A I N S T R E E T S A C R O S S T H E W O R L D 2 0 2