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

News & Events Listing

22 Mar 2012	New York	Stronger Economies Offer Bright Spots in Mixed Outlook for 2012 Global Real Estate
07 Apr 2010	London	Increase in office take up likely to stimulate development of key sites
24 Mar 2010	UK	Regional cities can save companies 40% in costs over London
17 Feb 2010	London	London Tax Differential Overstated; Hedge Funds Still Active
16 Feb 2010	Thames Valley, UK	Poor year for the Thames Valley office market but a brighter year ahead
09 Feb 2010	Global	4th Quarter 2009 Global MarketBeat reports now online
03 Feb 2010	Global	Economic Pulse annual outlook reports now available
12 Jan 2010	New York	Manhattan Office Vacancy Rate Falls For 2nd Consecutive Month
16 Nov 2009	London	Starwood buys City Tower and appoints Cushman & Wakefield
29 Sep 2009	London	European Cities Monitor to celebrate its 20th year in October
17 Aug 2009	London	C&W appointed as joint agent on newly completed Five Churchill Place
13 Aug 2009	City of London	Banco do Brasil takes 4th floor at Pinners Hall, London EC2
11 Aug 2009	London	Mitsubishi recovers Landsbanki lease and re-lets to Aberdeen
19 May 2009	Europe	European banks' office take-up down by 80% in first three months of 2009
22 Feb 2009	London	Exclusive Joint Enterprise Puts C&W In New League For Corporate Recovery Advice
07 Oct 2008	London	London And Paris Named As Europe’s Best Cities For Business
24 Sep 2008	London	London, Manchester and Birmingham lead UK survey of business friendly cities
11 Mar 2008	Kiev, Ukraine	Deloitte secures new headquarters in Kiev
22 Jan 2008	Europe	London reaffirms its position as Europe’s top legal centre
18 Sep 2007	London	UK Cities Monitor: London and Manchester lead survey
20 Jun 2005	London	Central & Eastern Europe is favoured outsourcing destination for Europe
24 Jan 2005	London	Business Space recovery in London's Mayfair

Events and Appearances

14 Nov, 2012
Demand For Luxury Goods Drives Rental Growth

18 Apr, 2010
Andy Zhang appointed as new Managing Director, China

9 Feb, 2010
4th Quarter 2009 Global MarketBeat reports now online

3 Feb, 2010
Economic Pulse annual outlook reports now available