Global market view office occupancy costs [electronic resource]
Language: English Series: CB Richard Ellis Global Market View ; 2008Publication details: [S.l.] CBRE 2008Subject(s): LOC classification:- 333.33 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 146164-1001 |
Reports that just over 80% of office markets are showing flat or rising occupancy costs. Finds that the Europe, Middle East and Africa region has the world's most expensive office markets. London's West End tops the list with an occupancy cost of $248.66 per square feet, follwed by Moscow at $234.73 per square feet. Reports the average rate of growth for occupancy costs was 8%, nearly double 2007 world inflation rate. Concludes that the fastest growing markets (Abu Dhabi, United Arab Emirates, Dubai) are in the Middle East.