The Most Expensive Office Spaces in The World
If you dream of a successful business, it becomes important to look for best office locations and spaces. In a business, it is always suggested that the office atmosphere counts a lot on the productivity from an employee. Organizations today are stressing not only on for better strategy in their business but also looking out for time-to-time change in the office spaces for better production.
To acquire success in business, organizations are choosing expensive office locations in dynamic cities around the world. With the rapid increase in the demand for good office locations real estate is emerging out as commercially powerful option over other sectors.
Since there is a great competition in the market over choosing the best office spaces, no business centers are leaving stone unturned in choosing well-suited locations and spaces for their businesses. Cities worldwide are getting flooded with expensive offices and no organizations feel difficulty in finding the best suitable office of their choices
Here we go with the list of places, which provide you with the most expensive office spaces in the world. Very first in this list comes Tokyo, Japan. With the annual rent cost of approx $164/sq ft, here landlords are coming out with many attractive packages like incentive packages which offer to provide in increase in lease length.
Next in the list comes London. The busiest city in the world is a great business hub for commercial business seekers. In London’s west end, average rent cost is approx $120/ sq ft. Due to less development space and wide population, it is expected that prices will bounce for the premium spaces.
With an average cost of $142/sq ft, Hong Kong, China stands third in the list. There had been a gradual decline of 35% in the prices of the most expensive locations in Hong Kong, still the office market remained active throughout.
With an overflowing experience in the office supply, Dubai comes next in the list of the most expensive office spaces in the world. An average cost of aprrox$116/sq ft, Dubai is one of the markets globally, which is overflowed with the office spaces available to it. Abu Dhabi next to Dubai is also a grand business hub.
Mumbai, India is fifth in the list with approx $95/sq ft. as an average rent cost of office spaces. Rental values declined due to economic slowdown and the corporate companies also dropped the idea of expanding their business due to this. But if you are seeking for good business outcomes, Mumbai can be an ideal option to avail expensive business space.
There are many other places around the globe where you can check out for expensive office spaces. New York, Paris, Dublin, Frankfurt are other big cities which reside good yet expensive office spaces.
A successful business is all about growing and looking forward beyond horizons. So if you are interested in buying an expensive office anywhere around the globe, you can look from the list above enlisting the most expensive office spaces in the world.