London beats Hong Kong in office leasing costs

Hong Kong lost its position as the world's most expensive place to lease an office to London's West End last year as tenants fled pricy Central for more affordable areas.

A study by property consultancy DTZ found annual grade A office occupancy costs in Hong Kong dropped 12 per cent year on year to US$22,190 per workstation in 2012, the second-most expensive in the world.

via Business feed http://www.scmp.com/business/article/1138208/london-beats-hong-kong-office-leasing-costs