Most expensive cities for offices

Occupancy costs per person, which includes rent, taxes, management fees, continues to hit new highs around the world. Here is a list of the top 15 most expensive cities and markets in them. It consists of large office spaces in prime office markets.

2005 Rank--City, market------------Occupancy cost per person
1) London West End----------------$19,330
2)Paris-----------------------------$15,520
3)London City----------------------$15,280
4)Washington, D.C.-----------------$14,250
5)Frankfurt-------------------------$13,640
6)Tokyo Central--------------------$13,400
7)Dublin----------------------------$12,740
8)New York Midtown----------------$12,200
9)Munich---------------------------$12,010
10)Stockholm-----------------------$10,780
11)Amsterdam----------------------$9,740
12)Edinburgh-----------------------$9,680
13)Toronto-------------------------$9,670
14)Hong Kong (tied)----------------$9,320
14)Seoul (tied)---------------------$9,320

The source of this list was DTZ Research and it was printed in USA Today on Tuesday, May 31.

Since the costs are listed in US Dollars I would assume that exchange rates played a sizable role in determining the results.>