Asia dominates world's priciest office markets

Seven of the 10 most expensive markets for commercial office property are in Asia, according to a report by CBRE.
Hong Kong's Central district
Hong Kong's Central district

Seven of the 10 most expensive markets for commercial office property are in Asia, according to a report by CBRE, the global real estate services firm.

While London’s West End is the priciest location for office tenants at $273.63 per square foot per year, Hong Kong Central and two Beijing districts take the next three slots, the CBRE Global Prime Office Occupancy Costs survey showed. 

New Delhi, Tokyo and Shanghai also appear in CBRE's top-10, along with another Hong Kong district West Kowloon.

Hong Kong's Central district is the world's second-most expensive office location at $250.61 per square foot, while Beijing's...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222