Dubai among most expensive office markets

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Dubai figures among the ten most expensive office markets i the world, according CB Richard Ellis Group (CBRE).

In its global office survey, CBRE has ranked Dubai ninth with annual office rents at $108.92 per square foot, while Abu Dhabi has been placed at 19 with $72.71 per square foot.

The study also shows a global decline in rents by 4.6 per cent from a year ago. London’s West End topped the list with an occupancy cost of $182.94 per square foot.

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