Prime Office Occupancy Costs Continue to Rise
In line with the global economic recovery, occupancy costs for prime office space have continued to grow over the past year. For the 12 months ending Q3 2013, global prime office occupancy costs grew at a 2.2% annual pace, up from the 1.4% growth rate seen during the 12 months ending Q1 2013. The Americas posted the highest year-over-year growth rate, at 4.6%, followed by Asia Pacific, at 3.2%, and EMEA, at 0.4 %. This positioning is reflective of the relative strength of supply and demand conditions for prime space within each region.

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© 2025 CBRE Statistics contained herein may represent a different data set than that used to generate National Vacancy and Availability Index statistics published by CBRE Corporate Communications or CBRE's research and econometric forecasting unit, CBRE Econometric Advisors. Information herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the market. This information is designed exclusively for use by CBRE clients, and cannot be reproduced without prior written permission of CBRE.

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