Prime office costs grow globally, but so do rents - research

By Isobel Lee 2024-10-28T00:00:00

Savills latest quarterly prime office costs report says that average gross prime office rents in major cities around the world have risen 2.4% in the past year, while tenants’ ‘all-in’ net effective costs (rent plus fit-out costs) have risen 3.1%, but the averages hide some significant variations across regions.