The Most Expensive Blog (The home of the most expensive & luxury things in the world) presents Hong Kong is most expensive place to rent office space.
Hong Kong is now the most expensive place to take office space, according to the latest figures from Knight Frank.
Hong Kong’s prime office space, which includes the city’s bustling Central district, was renting for as much as a monthly HK$1,046 (US$135) per square meter last year, a growth of 28%.
By contrast, growth in London’s spiffy West End – formerly the world’s most expensive – slowed last year after a rapid 31% climb in 2010.
Driving the spike in rents is the huge demand by banks for branches in Hong Kong and in Asia’s leading financial centres.
Office rents in Beijing soared by 46% during the year to US$56.83 per square feet, becoming the world’s 19th most expensive location.
Source: propgoluxury
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Hong Kong is now the most expensive place to take office space, according to the latest figures from Knight Frank.
Hong Kong’s prime office space, which includes the city’s bustling Central district, was renting for as much as a monthly HK$1,046 (US$135) per square meter last year, a growth of 28%.
By contrast, growth in London’s spiffy West End – formerly the world’s most expensive – slowed last year after a rapid 31% climb in 2010.
Driving the spike in rents is the huge demand by banks for branches in Hong Kong and in Asia’s leading financial centres.
Office rents in Beijing soared by 46% during the year to US$56.83 per square feet, becoming the world’s 19th most expensive location.
Source: propgoluxury
Similar Posts:
The World’s Most Expensive Office Tower
The most expensive beach apartment in the world
Awesome Modern House – Vacation House on Mediterranean Coast
Luxury House - modern design by French architects will fascinate you!
Mittal Builds Scotland’s Most Expensive Home
Monaco is World’s Most Expensive Home Market
Save and share Hong Kong is most expensive place to rent office space
To share this post with your family and friends, click the button below to send them an email or save this to your favorite social network.
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