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London’s skyscrapers still command highest rents in Europe despite Brexit
Research - SEPTEMBER 29, 2017

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London’s skyscrapers still command highest rents in Europe despite Brexit

by Press Release

Office rents in London’s skyscrapers are the highest in Europe as companies continue to pay a premium for space in the city’s tallest buildings, according to Knight Frank’s Global Cities 2018 report.

The report, which examines the rental performance of commercial buildings over 30 stories, shows that prime rents in London’s skyscrapers remained at $110 per square-foot in the first half of 2017, approximately double the rents of tall buildings in Paris ($58 per square-foot) and Frankfurt ($54 per square-foot). London is the only European city to make the global top 10 in the ranking.

Hong Kong’s skyscrapers continue to command, by some margin, the highest rents in the world at $304 per square-foot, followed by New York and Tokyo at $162 per square-foot and $140 per square-foot, respectively. San Francisco, where rents have risen to $117 per square-foot, completes the top five, ahead of London.

Knight Frank’s analysis shows Toronto’s skysc

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