Sofia Ranks 51st in The World In Terms Of Rents of Class A Offices

Sofia Ranks 51st in The World In Terms Of Rents of Class A Offices

Bulgaria (represented by its capital city Sofia) ranks 51st in the world in Cushman and Wakefield's chart of the world's cities with most expensive class A office space rents. Last year Sofia was 45th .

With the average annual rent in the city running at about 228 euros/sq m or 19 euros/sq m a month, Sofia ranked between Colombia's capital Bogotá and the Philippines' Manila.

Serbia's capital is debuting at number 47 in the chart with 258 euros per m2 a year or 21.5 euros per m2/month.

Despite falling one spot, Romania's capital Bucharest also comes before Bulgaria – at number 35 with an average of 346 eur/m2 a year and 28.83 euros/m2 a month.

Turkey saw the biggest rent hike last year. In Istanbul rent of class A office space rose 94% as a result of increased demand from foreign investors.

The average annual rent there stood at 359 eur/m2, or 30 eur/m2 per month.

Besides Moscow, which traditionally is one of the top 10 countries with most expensive rents, another CEE country – Ukraine also ranked high in the list. The average rent in the capital Kiev stood at 572 eur/m2 or 47.7 eur/m2.

The country debuted at number 16 after rents gained some 20% last year.

Poland climbs five spots to number 22 with an annual rent of 508 eur/m2 (42.3 eur/n2 per month).

As a whole rents in the leading European cities grew 11% in 2007. The hike in the countries in Central and Eastern Europe came to 19%. The slowest increases among the latter were recorded in the Czech Republic and Hungary – 3%.

20072008CountryCityRent (Eur)
11Great BritainLondon2277
32Hong KongHong Kong1745
108UAEDubai 921
910USANew York733

3838Czech RepPrague340
4141New ZealandOakland313
-43MexicoMexico City304
4449MalaysiaKuala Lampur251
-50The PhilippinesManila247

Facebook Коментари

Добави коментар

Екипът на Ви благодари, че използвате кирилица за вашите коментари.
В случай, че коментарът Ви съдържа нецензурни квалификации и лични нападки или обиди на расова, сексуална, етническа или верска основа, той ще бъде изтрит от модератора на сайта.

Абонирайте се за електронния
информационен бюлетин на