As premium office rental costs continue to rise across major cities, up nearly 4% in US dollar terms during 2017, affordability is a growing concern for corporates, especially in the top-tier markets. In our latest Premium Office Rent Tracker, we look at the world’s most expensive office locations, where technology-rich markets feature strongly, and cities that offer the best value globally attracting significant corporate interest, especially in talent hotspots.
We also explore occupancy costs in alternative business districts in leading global cities where premium office space is available at a significant discount.
We compare rents in 54 major office markets in 46 cities across the globe, including the key components of occupancy costs – net effective rent, service charges and government tax on rent – all standardised to enable true international comparisons.
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Head of Commercial Leasing
Head of Australia Leasing
Head of Hong Kong Markets
Head of UK Office Agency
Marie-Laure de Sousa
Head of France Office Agency
Head of Office Leasing
Director – Global Research
Dr Megan Walters
Head of Research – Asia Pacific
Research Analyst – Global Leasing
To learn more about cities and real estate, visit: www.jll.com/cities-research