Global market view office occupancy costs [electronic resource]
Language: English Series: CB Richard Ellis Global Market View ; May 2009Publication details: [S.l.] CBRE 2009Subject(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 | 147711-2001 |
Reports that the international financial crisis has reduced the prices of the most expensive world's office markets. Finds that three of the five most expensive office markets are in Asia (Tokyo's inner central district, Hong Kong's Central area and Tokyo's outer central district). Tokyo's inner central district tops the list with an occupancy cost of $183.62 per square feet, followed by London's West End at $172.62 per square feet. Reports that year-on-year occupancy costs were 2.8% lower worldwide than in 2008.