We have been working with many of our clients both large and small looking to expand internationally. One of the main cost drivers is office space.
This Top 10 shows the most expensive cities but this is clearly being driven by demand with a genuine desire for businesses to move to Asia.
It may be expensive but Asia is the place to be!
Asian cities command half of the world's top ten most expensive office space, according to a new survey by property firm JLL. Hong Kong topped the rankings followed by London and Beijing. JLL said it costs $262 per square foot per year for top-quality office space in the Chinese territory because of strong tenant demand and short supply. "A large part of the global growth is now driven out of Asia and international businesses will continue to be keen to set up their presence in the region," Chris Archibold, head of markets at JLL Singapore said. Top 10 most expensive cities for renting office space 1. Hong Kong 6. Tokyo 2. London 7. San Francisco 3. Beijing 8. Moscow 4. New York 9. Delhi 5. Shanghai 10. Dubai