Property News · October 17, 2017

Hong Kong cheaper than Beijing, Tokyo when it comes to cost of setting up offices, says CBRE


While Hong Kong has made headlines for having the most expensive prime office rents in the world, it is wrong to assume that it is the costliest location for businesses to set up their offices. Recent research by CBRE sets the record straight by uncovering that leasing costs account for less than half of a business’ all-in office investment.
By analysing leasing costs, operating costs and the capital expenditure incurred in office investments across 25 major cities in Asia Pacific, Hong…

Source : South China Morning Post
Read more…Hong Kong cheaper than Beijing, Tokyo when it comes to cost of setting up offices, says CBRE

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