Current Affairs - Places - Discussion

According to the report titled, "Global Prime Office Occupancy Costs survey" (annual report) by CBRE, an American real estate consulting firm, New Delhi's Connaught Place (CP) was the 9th most expensive office location in the world with an annual rent of nearly $144 per sq ft. 6 of the world's 10 most expensive office markets were from Asia. For the second year, Hong Kong's Central district retained the top spot as the world's most expensive market for prime office rents. The prime occupancy costs was valued at $322 per sq.ft. per annum. London's West End was ranked 2nd, followed by Hong Kong's Kowloon, New York's Midtown Manhattan and Beijing's Finance Street.