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Prime office occupancy costs office markets in transition - July 2012 [electronic resource]

By: Language: English Publication details: [S.l.] CBRE 2012Subject(s): Online resources: Summary: Office markets are moving from contraction to recovery. Of the 133 global office markets tracked, office occupancy costs increased in 80 during Q1 2012 year-over-year, with only 24 markets reporting declines. Office occupancy costs increased by an average 3.6% globally, led by Asia Pacific (7.8%) which has six of the 10 most expensive markets, and the Americas (5.0%) but EMEA only attained a muted 0.4% increase. The most expensive markets and those that reported the largest occupancy cost gains share common characteristics including stronger growth dynamics, resurgent Central Business District locations, diversified economic bases and shortage of quality space.
Holdings
Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 157056-2001

Office markets are moving from contraction to recovery. Of the 133 global office markets tracked, office occupancy costs increased in 80 during Q1 2012 year-over-year, with only 24 markets reporting declines. Office occupancy costs increased by an average 3.6% globally, led by Asia Pacific (7.8%) which has six of the 10 most expensive markets, and the Americas (5.0%) but EMEA only attained a muted 0.4% increase. The most expensive markets and those that reported the largest occupancy cost gains share common characteristics including stronger growth dynamics, resurgent Central Business District locations, diversified economic bases and shortage of quality space.