Property News · July 4, 2017

Mainland firms keep Central rents as world’s highest


Office rents in Central remain the world’s most expensive, thanks to demand from mainland Chinese companies which pushed them to a record high in the second quarter of this year.
Average rents for the period stood at US$16.2 (HK$139.2) per square foot in greater Central, compared to US$12.4 per sq ft in London’s West End, and a mere US$9.1 per sq ft in Tokyo’s CBD, according to the latest research from property consultancy Cushman & Wakefield.
Greater Central includes…

Source : South China Morning Post
Read more…Mainland firms keep Central rents as world’s highest

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