Bangkok – 4 June 2009 – Tokyo’s Inner Central District overtook London’s West End to become the most expensive office location in the Worldม according to the CB Richard Ellis global office cost survey. Moscow, Hong Kong’s central business district and Tokyo’s outer central district were in third, fourth and fifth position.
Posts Tagged ‘cb richard ellis’
Press Release: Tokyo Overtakes London As The Most Expensive Office Location In The World
by Overseas Property Mall on Thursday, June 4th, 2009 in Property & Real Estate Press Releases
Asian Property Sales Fell By 83% in Q1: According to Survey
by OP-Mall on Sunday, May 31st, 2009 in South-East-Asia Property
A record 83 percent fall in real estate sales has been noted in the Asian investment market. According to CB Richard Ellis the first quarter of 2009 has seen a decline from $18.02 billion in 2008 to $3.1 billion this year. The report states that Singapore, Hong Kong and Japan suffered the biggest loss in sales during that period.
Press Release: Asian Investment Property Market Turns Down in Second Half as Sentiment Fades
by Overseas Property Mall on Thursday, February 5th, 2009 in Property & Real Estate Press Releases
Bangkok – 5 February 2009 – The effects of the global financial market upheaval and the deflating world economy slowed Asian investment property markets significantly during the second half of 2008. The unprecedented events of the past six months have eroded investor, occupier, consumer and overall business confidence, resulting in falling property prices and reduced investment activity, along with declining retail spending and external trade across the region, according to CB Richard Ellis’ Asia Investment MarketView Report for the second half of 2008.
The World’s Most Expensive Office Rent Markets Revisited (2008)
by OP-Mall on Wednesday, June 4th, 2008 in Indian Property, International Real Estate Trends, Japan Property, Moscow Property, Research, Singapore Property, Vietnam Property
Global economies have been harshly affected by three major factors; soaring food prices all over the world, the disruption in the financial and credit card markets within North America and the massive increase in energy prices for net consumers.
Despite all the impact these events have had on the global economy, the U.S. posted a 0.6% annualized rate of GDP growth in the first quarter this year. Naturally, all these factors affect the office market worldwide. CB Richard Ellis has released their latest report of Global Market Rents that indicates office rents and occupancy costs worldwide. Like last year, London’s East End is topping the list once again for being the most expensive markets.




