The most expensive offices - in London, Hong Kong and Tokyo

12.11.2010

The most expensive are the offices in London, Hong Kong and Tokyo financial district of London's West End remains the most expensive office market in the world, according to the updated global ranking of consulting firm CB Richard Ellis Group, Inc. (CBRE), quoted by Investor.bg.

The central business district of Hong Kong retains second place, bearing in mind the biggest annual increase in rental costs of office by 34.2 percent. Tokyo remains the third most expensive market, Mumbai retains fourth place, and Moscow - the fifth.

The study compared the costs of renting premium office in 175 cities worldwide, plus bike they enter local taxes and service charges.

Data analysis reveals that the annual rental costs in the world begin to rely their cyclical lows. However, 99 of the markets, which is most, marked the decline of rental costs, while 19 are still registered double-digit declines for the 12 months to the end of September.

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