Beirut ranks 24th most expensive for office space

Beirut

According to a report by Cushman and Wakefield, office spaces in Beirut are the 24th most expensive in the world, and the third most expensive in the region behind Dubai and Doha, with the cost of 1 square meter being $694 per year.

London was ranked the most expensive office space in the world at $2,915 per square meter, followed by Hong Kong and Moscow. On the other hand, our neighbors Limassol and Amman were among the least expensive cities at $246 per square meter.

For the full ranking you can download the complete report here.

via The Daily Star

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2 Responses to Beirut ranks 24th most expensive for office space

  1. Carla February 26, 2014 at 12:12 pm #

    It is justified…we provide security standards and economical and political stability like no one! Maalech!! So we need to higher rent and real estate because u have to deserve your spot in Beirut!

  2. Samer Abdallah March 10, 2014 at 6:29 pm #

    We totally agree with this article and that is why we came up with the MyOffice business concept that provides furnished, serviced and virtual offices. For example, we are presently offering to rent out a fully operational workplace in prime Beirut for only $350/month and including: Workstation, Reception, Conference room, Sea View terrace, WCs, Kitchenette, Office manager, Cleaning lady, Consumables, Full Maintenance, Global reach, Multinational branding, local and international phone numbers. For more info visit http://www.myoffice.com.lb or call 009611341666 – 009611349666

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