London’s West End has overtaken Hong Kong’s notoriously saturated market as the most expensive destination to lease office space, according to a recent study by property consultancy DTZ.
The economy shrank by 0.03% during the last quarter of 2012 despite shares in the FTSE 100 edging towards a four and a half year high, according to figures released today by the Office for National Statistics. The figures do not come as a shock, however, as the Office for Budget Responsibility (OBR) correctly forecasted the results following strong growth in the third quarter of last year.
Property prices in the US will continue to increase throughout…
Hong Kong office space remains the most expensive in the world due to skyrocketing demand, according to the latest study from CBRE.