Hong Kong remains the most expensive location in the world
Global prime office occupancy costs rose 2.4 percent year-over-year, higher than the 1.9 percent growth rate of a year ago, according to CBRE’s annual Global Prime Office Occupancy Costs report.
The rise is largely attributable to an increase in year-over-year growth in Asia Pacific (1.7 percent) and EMEA (2 percent), while occupancy costs in the Americas increased by 3.2 percent year-over-year.
Hong Kong (Central) remains the most expensive location in the world, as it has been for the past two years.