Property News · November 28, 2017

Hong Kong overtakes London as the world’s most expensive urban centre for renting an office


It’s official: Hong Kong, the world’s most expensive city to live in, is also the planet’s most expensive urban centre for renting an office.
Hong Kong’s office space rent, measured by workstation, surpassed London for the first time since 2013, as Britain’s decision to withdraw from the European Union caused the pound sterling to depreciate, rendering the British capital’s property prices to become cheaper in US dollar terms.
The average cost for operating…

Source : South China Morning Post
Read more…Hong Kong overtakes London as the world’s most expensive urban centre for renting an office

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