Why Hong Kong has the world's most expensive office space
(July 20): Having an office in Hong Kong is getting pricier.
Hong Kong's population — numbering more than 7 million — has a limited amount of land to potentially inhabit, which has positioned Hong Kong to be the world's most expensive housing market. Now, a number of mainland Chinese firms are moving in and driving up costs of already expensive office space.
In fact, the city's Central district was recently ranked the world's most expensive office space for a third year in a row, according to a report from commercial real estate firm CBRE.
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