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Warsaw on 60 place

London maintains its position as the most expensive office location in the world. High prices also characterized by Asia, while in Warsaw rents are declining.

In search of the most expensive office space in the world should go to London's West End, where prices reach astronomical figures as 180.43 EUR / sqm. / month. A little less will be renting an office in Hong Kong Center (157.42 EUR / sqm. / month), on Financial Street (126,25 EUR / sqm. / month) and center (121,75 EUR / sqm. / month) Beijing as well as in Moscow (112,48 EUR / sqm. / month.). For comparison - in Warsaw, the highest prices are at a level of 35.56 EUR / sqm. / month, which gave the capital position among the 60 most expensive office locations in the world.

Ranking Global Prime Office Occupancy Costs has drawn up (costs lease in the most expensive locations in the world) once again by CBRE and identifies the major trends in the real estate market in the world. Although the leader of a European city, leaders of the ranking is dominated by Asian markets. Moreover, in the period rents grew the fastest in the Americas, which indicates the continuous improvement of the real estate sector in these regions.

 

Warsaw took 60 place in the list of most expensive office location in the world. The Polish capital improved its ranking by three positions despite the decline in prime rents in the past few quarters. Better result in comparison is mainly due to a stronger reduction of rental rates in other cities participating in the study. In terms of most expensive office markets, we currently observe polarity. The best locations are becoming more expensive, while many cities listed lower down in the rankings recently registered declines - Konrad commented Heidinger. Consultant in the department of counseling and market research CBRE. Expert predicts that in Warsaw should expect further pressure on rents, associated with a large amount of space in the building. Despite this, the demand for office space capital remains at a high level.

Full report in PDF below.

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