General Travel News

Most expensive city for office space

Hong Kong is now the most expensive place to take office space, according to the latest figures from Knight Frank.

Hong Kong’s prime office space, which includes the city’s bustling Central district, was renting for as much as a monthly HK$1,046 (US$135) per square meter last year, a growth of 28%.

By contrast, growth in London’s spiffy West End – formerly the world’s most expensive – slowed last year after a rapid 31% climb in 2010.

Driving the spike in rents is the huge demand by banks for branches in Hong Kong and in Asia’s leading financial centres.

Office rents in Beijing soared by 46% during the year to US$56.83 per square feet, becoming the world’s 19th most expensive location.



More General Travel News
Swiss Belhotel to open 4 new hotels in the GCC
Abu Dhabi and Wizz Air announce establishment of new low cost airline
Emirates touches down in Mexico City
Latest Travel News
Abu Dhabi and Wizz Air announce establis...
Emirates touches down in Mexico City...
Air Arabia named as Middle East and Afr...
Featured Sights To See
Rebublic Square or Jumhooree Maidan

Rebublic Square or Jumhooree Maidan

Maldives, Maldives

The Republic Square is beautifully built with green grass and lush plantation, along the northern waterfront. It is Male's most popular venue amongst adults and children alike for social gatherings and recreation. On the Eastern end of the square stands the official flag post on which the largest permanent flag in the country is hoisted. When you arrive in Male, this is the place where you are ...

Iranian Photographer’s Centre

Iranian Photographer’s Centre

Tehran, Iran

shows an interesting slice of Persian art and is a good place to meet Iranian photographers. The gallery is beautifully displayed and there is an adjoining shop which sells photographic equipment. Telephone: 8889 5054 ...

Campo Santo Stefano

Campo Santo Stefano

Venice, Italy

Located in the city's most affluent residential areas, surprisingly, this square once hosted bullfights! There was only a stone avenue called a “liston” here, and was a very popular walking area. So much so that in Venetian language "andare al liston" still means "to go for a walk." Campo Santo Stefano is a popular meeting spot and outdoor fairs during Christmas and Carnival seasons are also held ...

The Giant Sky Wheel

The Giant Sky Wheel

Melbourne, Australia

The Giant Sky Wheel is one acclaimed as one of the largest ferry providing service in the Southern Hemisphere. Situated adjacent to the Federation Square the ferry service becomes operational from the Birrauang Marr at the edge of the Yarra River. The view is extremely panoramic especially during the night time when the illuminating lights provide a completely different look to the city of Melbour...