Office Space Across the World 2014

Office Space Across the World provides an analysis of the global office market over the past year, as well as discusses the industry’s main trends for the year ahead. The primary focus of this report is prime office rental performances and occupancy costs across the globe, including a ranking of the most expensive locations across the world in which to occupy office space. The report also gives a more in-depth rental and occupier overview for each region, concluding with a detailed list of market data pertaining to each office location.

Highlights for 2013

  • London confirms its position as the world’s most expensive office market for the second consecutive year
  • Hong Kong ranks second after losing top spot to London last year
  • Global office rents increase by 3% overall
  • Americas office performances were polarised – while the USA and Mexico saw prime rents rise, prime rents declined in some of the larger South American locations
  • In Asia Pacific rental growth was largely flat on the back of a slowing economy; however, the economic climate improved as the year progressed
  • EMEA recorded a regional rental uplift of 3% – the highest regional rise seen since before the depths of the economic downturn

Download the PDF >>

About Cushman & Wakefield/NorthMarq

​Cushman & Wakefield/NorthMarq is a joint venture formed in September 2011 by NorthMarq Real Estate Services and the Minnesota operations of global real estate services firm Cushman & Wakefield. By combining the talent of both organizations at the regional level with the global platform of Cushman & Wakefield, we offer clients the best combination of regional strength and global capabilities. The result: the leading commercial real estate firm by all measures in the Upper Midwest.
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