Two London locations among top 10 most expensive global office markets

London offices skyline

Hong Kong Central has retained its position as the most expensive office market in the world with London’s West End taking second place and the City of London returning to the top 10, according a new report of prime occupancy costs.

Nine of the top-10 most expensive locations in CBRE’s annual Global Prime Office Occupancy Costs report have retained their place from last year. City of London returned to the list in 10th place, which was occupied by Shanghai (Pudong) last year, with prime office occupancy costs of $145/sq ft.

Hong Kong Central led the way with increased prime office occupancy costs of $307/sq ft for Q1 2018, ahead of the West End on $235/sq ft and Beijing Finance Street on $201/sq ft.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now