Rent in West End is 'world's most 高くつく／犠牲の大きい'

By THIS IS MONEY
Updated: 08:53 BST, 16 August 2005

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BUSINESSES wanting a smart office in London's West End are 爆撃する out nearly £100 per square foot each year, a third more than the cost of space in any other of the world's big cities.

A 回復するing Japanese economy has 押し進めるd downtown Tokyo into second slot at a cost of $131 (£72.3) per sq ft compared with an 普通の／平均（する） of $179 for the same workspace around Mayfair, $2 more than last year.

Mayfair is the favourite haunt of hedge 基金 経営者／支配人s, many of whom やめる 投資 banks in the City three years ago to turn their 特別手当s into fortunes 価値（がある） 10 times as much.

But more recently, bigger companies have 設立する their appetite for larger spaces of up to 50,000 sq ft, which are harder to find in the West End than the City. The findings are 含む／封じ込めるd in the 最新の 全世界の markets rents 調査する from 所有物／資産／財産 スパイ／執行官s CB Richard Ellis.

Rents in the City of London, where there is still a glut of empty office space, have remained stable over the past year, meaning the Square Mile slips to fourth at $119 a square foot.

A resurgent Moscow has seen the biggest rise in 占領／職業 costs - mostly made up of 年次の rent, service 告発（する），告訴（する）／料金s and buildings 保険 - up $19 to $85 per sq ft, taking it from tenth to sixth place just behind Paris.

中央の-town Manhattan is North America's costliest place to work, but at $54 per sq ft it is still $3 cheaper than India's Mumbai, the new world leader for outsourcing.