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TOP 5 OFFICE MARKETS IN THE WORLD

What do all the below office markets have in common? A Strong economy and a limited inventory of prime office space. We are now approaching a completely new stage in commercial real estate, where cities are battling to attract the top corporations, appeal to the top talent and draw in funds.


1. HONG KONG CENTRAL - $278.50/SF/YR


No surprises here, undeterred by the slowdown in China, Hong Kong’s CBD is holding strong at being #1.



2. BEIJING FINANCIAL STREET - $179.00/SF/YR


Although still #2 on the list, the current rate has decreased $9.00/SF/YR from last years high of $188.00/SF/YR



3. BEIJING CENTRAL BUSINESS DISTRICT - $156.00/SF/YR




Leasing demand for quality office space is at an all-time high in Beijing’s Central Business District




4. LONDON WEST END - $148.30/SF/YR


Just barely beating out Midtown Manhattan this year with occupiers and investors responding positively in the first quarter



5. MIDTOWN MANHATTAN - $144.30/SF/YR


Still considered the world’s biggest financial hub, Midtown Manhattan is holding strong in the United States as the most attractive market for businesses.

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