Tag: Office Rents



West End Office Occupancy Costs still the highest in the World

Posted on 20 June, 2014 by Neil Bird under Industry News

London’s West End has retained its position as the most expensive location in the world to rent office space. According to the latest research from CBRE, total occupancy costs – which include rents, business rates and service charges - now stand at... Read More

Hong Kong Still Priciest Office Market in the World

Posted on 27 June, 2013 by Jodee Redmond under Worldwide Property News

Asian cities continue to dominate as the costliest places in which to set up office and Hong Kong holds onto its position is the most expensive one of all. Four other Asian cities were listed in the top five, according to the semi-annual Prime Office... Read More

Banks Buying Hong Kong Offices as Rents Rise

Posted on 14 May, 2013 by Jodee Redmond under Worldwide Property News

Banks and insurance companies have launched a strategy to acquire office buildings in Hong Kong. Rents are rising, while the amount of available space is on the decline in the location where occupancy costs are the second-highest in the world. Canadian... Read More

Prime Rents Increase in German Office Market

Posted on 2 May, 2013 by Jodee Redmond under Worldwide Property News

Prime rents in the top six German office markets increased by an average of 3.8 per cent in the first three months of 2013. According to the latest research released by Savills, the year-on-year rate was €26.98 sq m. The international real estate... Read More

West End Office Market Regains Number One Spot

Posted on 11 March, 2013 by Neil Bird under Industry News

London’s West End is the most expensive office market in the world for the first time since 2008 after regaining its number one spot from Hong Kong. The findings are included in Cushman & Wakefield’s Office Space Across the World 2013 report, which... Read More