The World's Priciest Space

Dollar rents for prime urban office space around the world continue to fluctuate, reports Colliers International, a real estate consultant and brokerage. Its July survey of effective office rents (including operating costs, taxes, and landlord concessions) in central business districts reveals that Hong Kong is still the world's costliest city, but Bombay has taken the No.2 spot from Tokyo's slack market. And recent yen weakness suggests that Tokyo's dollar rents are now down a lot more.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.