Office Occupancy

Singapore sees sharpest drop in office occupany costs: global survey

Office occupancy costs fell most sharply in Singapore in the first quarter, followed by midtown New York and Hong Kong's central business district, according to a survey by CBRE Research and Consulting. The firm's semiannual global survey released on Wednesday showed that the average occupancy cost in Singapore dropped 34.4 per cent in the January-March quarter from a year ago. Midtown New York saw its...

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