A cozy 75% increase in costs last year pushes Beijing average office rents to $130/sq. ft., past...

|By:, SA News Editor

A cozy 75% increase in costs last year pushes Beijing average office rents to $130/sq. ft., past NYC's $120. Hong Kong remains the king at $244, with London's hedge fund center of Mayfair #2 at $239. Worldwide, rents rose 3% last year, with Asia (+8%) leading the way.