Rating of countries by office rental rates

Rating of countries by office rental rates

The highest office rental rates are in London, Hong Kong and Beijing, according to ee24.com citing propertywire.com.

To settle in London's St. James, companies have to pay €1,511 per sq.m per year.

In second place of the rating by Jones Lang LaSalle, there is the commercial real estate in Hong Kong. Renting the office in the central part of the metropolis costs €1,277 per sq.m. Transport links, pedestrian streets, luxury hotels and boutiques are among advantages of this CBD.

Finally, renting at Beijing Financial Street, where the headquarters of major Chinese state-owned companies and banks are located, costs €1,067 per sq.m.

  City Office rental rate / 1 sq.m
1 London, the UK €1,511
2 Hong Kong, PRC €1,277
3 Beijing, PRC €1,067
4 Geneva, Switzerland €903
5 Menlo Park, USA €865
6 Moscow, Russia €833
7 NY, USA €810
8 Singapore, Singapore €802
9 Paris, France €771
10  Tokyo, Japan €763
11  Zurich, Switzerland €709
12  Shanghai, PRC €678