Hong Kong-Central Still the Priciest Market on the Planet

HONG KONG-The dominance of Asia in the arena of 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. This is according to CBRE Global Research and Consulting’s semi-annual Prime Office Occupancy Costs survey.

Hong Kong–Central’s overall occupancy costs of $235.23 per square feet per year topped the “most expensive” list for the third consecutive period. London’s West End followed with total occupancy costs of $222.58. Beijing’s Finance Street, Beijing’s Jianguomen CBD and New Delhi’s Connaught Place CBD rounded out the top five.