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...