Retailers also are attracted to less
expensive occupancy costs, thanks to lower common area maintenance (CAM) charges.
Not exact matches
The dominance of Asia in the world's most
expensive office locations continued, as Hong Kong - Central remained the highest priced market and four other Asian markets populated the top five, according to CBRE Global Research and Consulting's semi-annual Prime Office
Occupancy Costs survey.
In addition to London's West End ranking as the world's second-most
expensive market, other markets from the region in the list's top ten are Moscow (
occupancy cost of US$ 165.05 per sq. ft.) and London's City (US$ 132.94 per sq. ft.).
In Latin America, São Paulo remains the most
expensive market, posting an office
occupancy cost of US$ 118.86 per sq. ft., and ranks as the 14th most
expensive market globally.
Hong Kong — Central's overall
occupancy costs of US$ 235.23 per sq. ft. per year topped the «most
expensive» list for the third consecutive time.
The dominance of Asia in the world's most
expensive office locations continues, as Hong Kong - Central remains the highest priced market and four other Asian markets populate the top five, according to CBRE Global Research and Consulting's semi-annual Prime Office
Occupancy Costs survey.
Hong Kong — Central's overall
occupancy costs of US$ 235.23 per sq. ft. per year has topped the «most
expensive» list for the third consecutive time.