





Romania ranks 35th as most expensive office location worldwide
The Office Space Across the World 2008 report compared office space costs in 203 key locations in 58 countries, including in this year's edition a series of first-timers like Kiev, Ukraine (16th place) and Ho Chi Minh City, Vietnam (17).
The global cost lever increased 14% in 2007, compared to a 10% growth in 2006. Romania ranks 35th, with four large cities included in the analysis.
The most expensive places to rent an office are:
1. London (United Kingdom)- 2277 euro /year / square meter
2. Hong Kong (China) - 1745 euro /year / square meter
3. Tokyo (Japan) - 1536 euro /year / square meter
4. Mumbai (India) - 1214 euro /year / square meter
5. Moscow (Russia) - euro /year / square meter
According to the report, out of 203 locations, 79% saw a price increase in 2007, 20% remained stable and in only 1% of the locations the rent decreased.