Hong Kong Regains Title of World’s Most Expensive Office Market from London

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(Source: World Property Journal, 15 June 2016) Asia currently upkeeps 7 of the world’s Top 10 most expensive office markets. Now, Hong Kong (Central) has become the world’s highest-priced office market with overall prime occupancy costs of $290 psf per annum, displacing London’s West End which currently goes at $262 psf. Currently, global prime office occupancy costs – which reflect rent plus local taxes and service charges for the highest quality – have risen 2.4 per cent year-over-year. (more…)

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