Asia Pacific Asia Pacific led the list of most expensive prime office rents with seven of the top 10 most expensive marketsHong Kong (Central), Beijing (Finance Street), Hong Kong (West Kowloon), Beijing (CBD), Tokyo (Marunouchi/Otemachi), Shanghai (Pudong) and New Delhi (Connaught Place - CBD). Prime rent growth in Asia Pacific averaged 1.8 percent and was strongest in gateway cities. Hong Kong (West Kowloon) led the way at 9.3 percent due to strong demand from Chinese companies for premium locations and very tight supply conditions. Technology start-ups have played a key role in the fastest-growing markets in Asia Pacific, such as Bangalore, Sydney, Bangkok and Auckland. The most expensive market in the global ranking from the Pacific Region was Sydney (US$78 per sq. ft.), in 20th place. Americas In the Americas, three marketsChicago (Downtown), Seattle (Suburban) and Seattle (Downtown) showed double-digit growth in prime office rents Mortgage broker Oak Laurel West End, 0430 129 662 year-over-year, due to a lack of new construction in Chicago and technology growth in Seattle. Several markets dependent on the oil and gas industry experienced lowered prime office rents, including Calgary (Downtown and Suburban), Houston (Downtown) and Denver (Downtown). Overall, office rents increased in 19 out of 34 U.S.

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