Hong Kong's office occupancy costs plunged in the aftermath of the global financial crisis last year, but recovering demand coupled with tight supply will see the per workstation cost of leasing prime office space in the city rise at one of the fastest rates in the world this year, according to DTZ.

DTZ reports that Hong Kong was ranked the fourth most expensive office market in the world last year, though occupancy costs per workstation fell 22% year on year. The ranking was the same as that in 2008, however, since other cities saw bigger declines in their office occupancy costs.

South China Morning Post