The most expensive office locations in the world

The following tags have been awarded: Frankfurt am Main, Commercial Property, Price, Study

Those who believe that Germany is in commercial real estate an expensive place, the times should look beyond the borders of the Republic. The real estate consultancy CB Richard Ellis (CBRE) conducted an analysis of the world's most expensive office locations by. Only one German city immersed in the rankings at: Frankfurt am Main. The capital took a total of 50 identified prime locations and number 22 is in the upper midfield. It is still quite difficult to find offices to let in those major cities.



The first place to London is 1530 € rent per square meter per year in the West End. Close behind Hong Kong's Central Business District, follow in second and the third-placed Central-Central District in Tokyo. Number four and five are occupied by Indian Mumbai and Moscow. The first places always make million-cities from among themselves. Especially in emerging cities dominate the rankings. This trend began several years ago and, according to CBRE has increased.

Despite the still very impressive prices there is a trend towards lower occupancy costs. It turned out the study by CBRE that in 99 of 175 sites investigated, prices for commercial real estate has fallen in different scale. At least 61 are increased, however, only 15 remained constant. The majority of topplatzierten cities located in the EMEA region. This includes Europe, the Middle East and Africa. According to CBRE, this region dominates with 30 cities in the top 50 ranking. But in the Asia-Pacific are many expensive patches: At least 13 cities are among the top 50, three are among the top five. The U.S. is the study, only mean high price. Deploys as New York's Midtown business district court 26 and lags behind Frankfurt am Main.