CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}
2026 European Luxury Retail Report - Landing Page - Mobile 2026 European Luxury Retail Report - Landing Page - Desktop

Insights

European Luxury Retail

Explore the dynamics of the European luxury retail real estate market.

Download Report

A Luxury Market Continuing to Redefine Global Retail

The Luxury Retail Report 2026 analyzes the evolution of the luxury retail market across Europe and the key dynamics shaping the sector. Through market data, consumer trends and analysis of the most important retail destinations, the report provides a strategic overview of how brands are adapting their strategies to respond to an increasingly demanding consumer and a highly competitive real estate environment.

In a context marked by shifting consumer behavior, the resurgence of international tourism and the growing importance of brand experiences, luxury retail continues to position itself as one of the most resilient segments within the commercial real estate market. The report highlights how Europe’s leading luxury shopping streets remain highly attractive to global brands, even in complex economic environments.

Spain: a key market for luxury retail in Europe

Spain continues to strengthen its position as one of the most attractive destinations for luxury retail in Europe. Cities such as Madrid and Barcelona concentrate some of the country’s most prominent retail locations, where the presence of international brands continues to grow, driven by high-spending international tourism and sustained demand from local consumers.

The dynamism of international tourism, particularly from the United States, the Middle East and Asia, is significantly contributing to the sector’s performance. This environment has increased brands’ interest in expanding their presence in Spain’s prime shopping streets, while also developing new retail concepts that combine shopping, hospitality and exclusive services.

Key Market Trends and Outlook

Resilience of Prime Locations

Driven by ongoing retailer demand but in an environment of constrained availability, rental growth on European luxury retail streets has continued to grow, with an increase of 3.6% in 2024. Prime retail rental levels on luxury high streets are now 3% higher than in 2018.

Evolving Consumer Behaviour

While aspirational shoppers face financial pressures, high-wealth consumers continue to drive luxury spending, with an increasing demand for exclusivity and personalised experiences.

Experiential Retail & Brand Engagement

Luxury brands are expanding beyond traditional retail by investing in hospitality, including branded residences, cafés, spas, and private member experiences to deepen customer engagement.

Luxury and Tourism

The return of international tourists—particularly high-spending travellers from the Middle East and the United States—has boosted luxury retail performance across Europe.

ContaCT OUR TEAM

Cushman & Wakefield's dedicated Luxury Retail Team remains at the forefront of these developments, providing invaluable insights and expertise to help navigate the complex terrain of the European luxury retail real estate market.

Contacts

Elena Fernandez.jpg
Elena Fernandez

Associate
Madrid, Spain


Download VCard

Domenec Casellas
Domenec Casellas

Head of Retail Agency Spain
Barcelona, Spain


Download VCard

Robert Travers
Robert Travers

International Partner, Head of EMEA Retail
Barcelona, Spain


Download VCard

Marta Esclapes
Marta Esclapés

Head of Research, Iberia
Barcelona, Spain


Download VCard

Ready to redefine your retail strategy?

Gain exclusive access to European Luxury Retail. Sign up now for early insights.

Insights

Outlook 2026
Research

European Outlook 2026

Explore the European commercial real estate outlook for 2026, highlighting growth opportunities amidst economic stabilization and evolving market dynamics.
Guilherme Neves • 10/12/2025
XSF-Instant-Insight-Hero-webcard
Research • Workplace

Experience per Square Foot Instant Insights

Welcome to our monthly Experience per Square FootTM Insight page. The goal of our Total Workplace Research & Innovation Team is to keep you informed about the latest trends in the dynamic commercial real estate industry. Each month, we will present our own insights and in-depth examination of emerging shifts that can help you make informed real estate decisions.
23/11/2023
hotel reception desk
Insights

Hotel Operator Beat Iberia

Following two difficult years due to the impact of the Covid-19 pandemic, 2022 closed with very positive figures for the hotel sector in Iberia, with unprecedented ADR levels in the region's main destinations.
14/11/2023
052023newreasonsofficewebcard
Research • Workplace

A New Reason for the Office: Connection and Inspiration

Technology has enabled the workforce to be more virtual and as most employees now have choices of where to work, there’s something different about the office these days. It’s not just the casual attire, the prevalence of videoconferencing or the hybrid work environment. 
Carlos Pueyo • 15/06/2023
obsolescence-emea-webcard
Insights • Workplace

European Obsolescence Equals Opportunity

Repositioning: The Evolution of European Offices 
16/03/2023
CW-Transparency-Centros-Comerciales
Research

Transparency Shopping Centers 2022

The Shopping Centers have passed the most important stress test in their history in Spain: the impact of the pandemic with its confinements, mobility restrictions and respective quarantines.
 
16/01/2023
Luxury hotel room with double bed and flowers
Research

Spain Hotels & Business May 2023

The Berlin IHIF is the perfect opportunity to share ideas with leaders in the hotel sector and gain first-hand knowledge of the trends and strategies that we will see in the coming months. Questex is the event organiser for the forum, held at Berlin’s InterContinental hotel as in previous years. This year will also see the return of Adjacent Spaces at The Pullman Hotel. This pop-up event will analyse alternative proposals and trends in the industry, including hostels, co-working, co-living spaces and serviced apartments.

Bruno Hallé • 22/12/2022
costs
Insights • Investment / Capital Markets

Choose Your Next European Tech Hub in Line with Your Business Drivers

Understanding the most recent trends in Foreign Direct Investment (FDI) can help to identify, by sector, which locations are most attractive for corporates’ operations.
Reno Cardiff • 15/06/2021
052021RTWActiveRecoveryDA03WebCardnew
Insights • Workplace

Leading an Active Recovery to Build the Best Workplace Experience

Leading an Active Recovery shows how an Agile approach can engage the C-suite in real estate decisions that balance the codependent – and often contradictory – needs for efficiency, effectiveness and engagement.
Javier Bernades • 10/06/2021
062021GRISwebcard
Research

Global Residential Impact Study: Which Gateway Markets are Primed to Rebound Post-Pandemic?

This Global Multi-Family study examines 27 global gateway markets and assesses the impact the pandemic had on residential demand, provides a “rebound ranking” score and investment recommendations.
Rupert Lea • 04/06/2021
20 things to know about sustainability (image)
Insights • Sustainability / ESG

20 Things you Need to Know About Sustainability and Property

While sustainability is a major challenge that we are all aware of, the details may be less transparent. We've highlighted 20 things we think should be known about sustainability and real estate.
13/05/2021
9 signs of recovery (image)
Insights • Economy

What to watch in 2021: nine signs of recovery in real estate

Cushman & Wakefield Research has identified nine signs to watch—signals that could indicate the CRE market and the economy in cities across the globe are transitioning to a recovery phase. 
08/01/2021

NEED COMMERCIAL REAL ESTATE ADVICE?

Contact our team for the latest on the real estate markets.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.
MORE OPTIONS
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS