Hong Kong & Tokyo Overtake London As World’s Most Expensive Office Locations

London has lost its status as the world’s most expensive office location for the first time in nine years. According to the new Office Space Across the World 2009 report from global real estate advisor Cushman & Wakefield, Hong Kong and Tokyo are now the world’s two most expensive locations relegating London to third place. The cost of occupying a prime square metre of office per year in Hong Kong now stands at €1,743. more

19 May 2009	Europe	European banks' office take-up down by 80% in first three months of 2009
09 Mar 2009	London	Downturn Forces Occupiers To Optimise Space Utilisation
22 Feb 2009	London	Exclusive Joint Enterprise Puts C&W In New League For Corporate Recovery Advice
25 Nov 2008	Farnborough, UK	SEGRO announces major office letting for Fluor Ltd
18 Nov 2008	Europe	Europe's main markets feel the pain as the banking crisis continues
03 Jul 2008	London	Q2 Central London Investment Volumes Continue To Fall
18 Oct 2007	Edinburgh	Cushman & Wakefield to market Exchange Place
11 Aug 2007	Salford, UK	Cushman & Wakefield appointed as agent for mediacity:uk
28 Jun 2007	Glasgow	New Partner hits the ground running
04 May 2007	Birmingham	Scott Rutherford joins C&W as head of office agency in Birmingham
22 Mar 2007	Glasgow	C&W Scotland set to move into Aurora
08 Nov 2006	Edinburgh	Eagle Building Nets £8.5m
01 Nov 2006	Kuwait	Kuwait tops rankings of most expensive office locations in the Middle East and Africa
24 Oct 2006	Munich	C&W Succeed At The European Property Awards 2006
15 Feb 2006	London	London is the world's most expensive place to locate a business
01 Aug 2005	Livingstone	Office Purchase Meets The Mark
12 Apr 2005	Thames Valley	Solid start to the year in Thames Valley market
24 Jan 2005	London	Business Space recovery in London's Mayfair