Top 10 office rental locations 2009

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The majority of global office rents will hold firm or increase in 2010, real estate agents Knight Frank said ahead of its Global Report 2010 launch. Following are the locations that commanded the highest office rents in the world during 2009, according to the report: (€1=USD$1.34)\n

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No 10. London City, UK, Europe\n

€ per sq m: 510\n

Percentage change in Euros 2009: -15.29\n

2010 rental outlook: Rising\n

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No. 9 Hong Kong, SAR China\n

€ per sq m: 510\n

Percentage change in Euros 2009: -33.53\n

2010 rental outlook: Rising (Getty Images)
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No 8. Singapore, Asia-Pacific\n

€ per sq m: 533\n

Percentage change in Euros 2009: -54.97\n

2010 rental outlook: Falling\n

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No 7 Dubai, UAE, Middle East\n

€ per sq m: 569\n

Percentage change in Euros 2009: -37.25\n

2010 rental outlook: Falling (Getty Images)
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No 6. Abu Dhabi, UAE, Middle East\n

€ per sq m: 569\n

Percentage change in Euros 2009: -6.7\n

2010 rental outlook: Falling (Bloomberg Images)
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No 5 St Petersburg, Russia¸ Europe\n

€ per sq m: 571\n

Percentage change in Euros 2009: -36.6\n

2010 rental outlook: Flat\n

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No 4 Moscow, Russia, Europe\n

€ per sq m: 730\n

Percentage change in Euros 2009: -9.18\n

2010 rental outlook: Rising\n

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No 3 Paris, France, Europe\n

€ per sq m: 740\n

Percentage change in Euros 2009: -13.51\n

2010 rental outlook: Falling\n

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No 2. London West End, UK\n

€ per sq m: 795\n

Percentage change in Euros 2009: -27.92\n

2010 rental outlook: Rising\n

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No 1.Tokyo, Japan, Asia-Pacific\n

€ per sq m: 1,191\n

Percentage change in Euros 2009: -17.55\n

2010 rental outlook: Flat\n

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Wed 21 Apr 2010 11:05 AM GST