Global Prime Office Occupancy Costs June 2015
Occupancy costs advance despite growth hiccups
CBRE's Global Prime Office Occupancy Costs survey measures office occupancy costs in 127 markets across the world. The survey is performed semi-annually following the first and third quarter of the year.
Of the 127 office markets tracked globally, 62% (79 markets) recorded an annual increase in prime occupancy costs, 22% (28 markets) registered a decline and 16% (20 markets) saw no change, highlighting the slow but steady recovery of the office sector.