office space across the world - amazon s3€¦ · biggest growth market in the americas 4.7%...

Despite a 17% fall in office rents, Moscow isthe 2nd most expensive location for total occupancy costs in EMEA

TOP 5 MOST EXPENSIVE OFFICE

$264 $184

LOCATIONS BY COUNTRY (USD/sq.ft/yr)

London Hong Kong New York

$131New Delhi

$120Rio de Janeiro

$129

BOGOTA: A BURGEONING MARKET

WHERE ARE THE TOP 10 MOST EXPENSIVE LOCATIONS LOCATED?

Biggest growth market in the Americas

4.7%anticipated GDP growth in 2014

26.2%office occupancy cost

growth in 2014 (2nd strongest in the world)

MOSCOW

2ndmost expensive

MOST EXPENSIVE LOCATION

OFFICE TAKE-UP

ASIA’S BIGGEST GROWTH MARKET

Office take-up in New York, the highest levelin more than 15 years

Manila is Asia Pacific's biggest growth market in 2014

GLOBAL OCCUPANCY GROWTH

Dublin saw thebiggest global occupancy cost growth in 2014, rising 6 places in the global ranking.

26.5%

5 3 2Asia

Pacific EMEA Americas

FULLY OCCUPIED

million sq.ft32.8

Limited development and high demand from IT and tech occupiers

13.1Manila Growth Market

%

A Cushman & Wake� eld Research Publication

OFFICE SPACE ACROSS THE WORLD

2015