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JUN 20, 2013 - Yahoo! News

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Asia dominates world's most expensive office spaces: report

By Ilaina Jonas NEW YORK (Reuters) - Five of the six most expensive office areas in the world are in Asia, as demand by global companies to locate their outstripped the supply, according to a semiannual report released on Thursday by real estate services company CBRE Inc. For the third consecutive time, Hong Kong's Central business district had the highest overall occupancy cost, which includes local taxes and service charges. Hong Kong's Central averaged $235.23 per square foot annually at the end of March, leading London's West End at $222.58. Beijing's Finance Street ... Read More

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