Hong Kong still most pricey office market
Hong Kong still most pricey office market
- 2009
- Asia Property October 2009, 26(1) .
Hong Kong is the world?s most expensive office location despite a 35% fall in average prime occupancy costs since June 2008. Asia Pacific office performance in the first half of 2009 was weak with an 11.4% increase in regional vacancy rates. India?s office oversupply will be used up by 2013. Table covers prime Asian rents and yields Q2 2009.
Asia Pacific
Hong Kong is the world?s most expensive office location despite a 35% fall in average prime occupancy costs since June 2008. Asia Pacific office performance in the first half of 2009 was weak with an 11.4% increase in regional vacancy rates. India?s office oversupply will be used up by 2013. Table covers prime Asian rents and yields Q2 2009.
Asia Pacific