Hong Kong Most Costly City for Rents, Savills Says
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Hong Kong is the most expensive city in the world to rent business and residential space, according to a report by Savills Plc.
New York displaced London as the world’s second-most expensive city in the first half of 2013, the World Cities Review, which measures costs in the world’s 10 leading cities, released today showed. New York was ranked fifth at the beginning of 2010, the London-based property broker said.