World’s most expensive place for office space

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Few months ago London was the World’s most expensive place to setup and office space. Now, Hong Kong unseated London. The cost of renting prime office space in Hong Kong soared 28 per cent during 2011 to £97.11 per sq ft a year due to the growing interest from banks to consolidate their presence in Asia region. “Office occupiers remain cautious in many international markets, particularly with concerns over the strength of the global...