Office space-in-london-620X310 .jpg "width = 650 > Less availability of quality office space in London giving rise to strict competition and demanding price increases result of lease for two percent.
JAKARTA, KOMPAS.com — for the first time since 2008, the London pass through Hong Kong in the first rank of office rents rise the most costly in the world. In particular the area of the West end, London, became the most expensive office market in the world, surpassed in the Office Office-central business district (CBD) of Hong Kong.
Such research results "Office Space Across the World 2013" which recently published & Cushman Wakefield. In a press release to the Kompas.com in Jakarta, Friday (22/2/2013), the report underscores the lack of availability of quality office space in London giving rise to strict competition and demanding price increases result of lease for two percent.
Intense competition and rising prices that make office location in the West End become the costliest in the world and pushed down Hong Kong'S CBD to the prestige of both positions. As for the Zona Sul in Rio de Jeneiro up from rank 8 to include three of the most expensive office location. It also caused an increase in rents as much as 43 percent compared on 2011.
Globally, the market for Office space rose by 3 percent in 2012. However, this was a lot of improvement spurred since 1879 in South America, particularly Brazil and Colombia. But, even though the rents are increasing globally, many countries are still suffering because of the uncertain economy and this enhances the attitude of caution from the tenant.
Cushman Wakefield & stated, that companies will have a pro-active attempt to reduce the cost of rental of office space because of the prospects of the global economy remains uncertain.
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