Office rents slide
Series: Insignia Richard Ellis Press Release ; 21 February 2002, (1)Publication details: 2002Subject(s): Summary: The global economic downturn has depressed prime office rents across the world, according to Insignia's latest World Office Rents survey. Rents fell in most cities surveyed in the second half of 2001, as Europe and Asia followed North American office markets downwards. However, China's economic capital, Shanghai, bucked the world trend with prime office rents soaring 61% in six months, with London still the most expensive in the world.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3808-05 (Browse shelf(Opens below)) | 1 | Available | 116887-1001 |
The global economic downturn has depressed prime office rents across the world, according to Insignia's latest World Office Rents survey. Rents fell in most cities surveyed in the second half of 2001, as Europe and Asia followed North American office markets downwards. However, China's economic capital, Shanghai, bucked the world trend with prime office rents soaring 61% in six months, with London still the most expensive in the world.