ShareThisMay 5
According to their annual study of 105 office space markets, Knight Frank reports that London's West End has passed up Tokyo as the most expensive office space in the world. The cost to rent office space in the West End of London rose 31 % in 2010 to £90 per sq ft, nearly $150 USD per sq ft. By comparison, Midtown Manhattan office rental is less that half of that at $65 per sq ft per year. Slower development and growth in the financial and media sectors has led to a drop in vacancy rates and increase in rental rates.
More...
More Posts on London Office Space
More Posts on Tokyo Office Space
London Office Space , Office Rental , Tokyo Office Space , UK Office Space
