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

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Despite a 17% fall in office rents, Moscow is the 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 $131 New Delhi $120 Rio 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 2nd most expensive MOST EXPENSIVE LOCATION OFFICE TAKE-UP ASIA’S BIGGEST GROWTH MARKET Office take-up in New York, the highest level in more than 15 years Manila is Asia Pacific's biggest growth market in 2014 GLOBAL OCCUPANCY GROWTH Dublin saw the biggest global occupancy cost growth in 2014, rising 6 places in the global ranking. 26.5% 5 3 2 Asia Pacific EMEA Americas FULLY OCCUPIED million sq.ft 32.8 13.1 Manila Growth Market % A Cushman & Wakefield Research Publication OFFICE SPACE ACROSS THE WORLD 2015

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Page 1: OFFICE SPACE ACROSS THE WORLD - Amazon S3€¦ · Biggest growth market in the Americas 4.7% anticipated GDP growth in 2014 26.2% office occupancy cost growth in 2014 (2nd strongest

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