Office space in Mumbai among most expensive

Renting an office space in prime locations in major cities, such as London or Hong Kong, isn't cheap.

Jones Lang LaSalle, a property consultancy, has come out with the ranking of most expensive office spaces in the world.

Let's have a look to see which cities have made it to the list.

Source: The Economist

Click NEXT to see where Mumbai ranks...

Mumbai

Office rent: $620 per square metre

Vacancy rate: 20.5 per cent

Global rank: 11

Click NEXT to see rest of the countries...

London

Office rent: $1,700 per square metre

Vacancy rate: 5.3 per cent

Global rank: 1

...

Hong Kong

Office rent: $1,500 per square metre

Vacancy rate: 3.4 per cent

Global rank: 2

...

Moscow

Office rent: $1,200 per square metre

Vacancy rate: 14.7 per cent

Global rank: 3

...

Paris

Office rent: $1,040 per square metre

Vacancy rate: 6.8 per cent

Global rank: 4

...

Tokyo

Office rent: $1,000 per square metre

Vacancy rate: 3.5 per cent

Global rank: 5

...

Beijing

Office rent: $900 per square metre

Vacancy rate: 6.8 per cent

Global rank: 6

...

Sao Paulo

Office rent: $820 per square metre

Vacancy rate: 11.9 per cent

Global rank: 7

...

New York

Office rent: $700 per square metre

Vacancy rate: 10.5 per cent

Global rank: 8

...

Shanghai

Office rent: $690 per square metre

Vacancy rate: 14.1 per cent

Global rank: 9

...

Singapore

Office rent: $680 per square metre

Vacancy rate: 10.2 per cent

Global rank: 10

...

San Francisco

Office rent: $540 per square metre

Vacancy rate: 13.5 per cent

Global rank: 12

...

Frankfurt

Office rent: $520 per square metre

Vacancy rate: 13.4 per cent

Global rank: 13

...

Sydney

Office rent: $450 per square metre

Vacancy rate: 8.7 per cent

Global rank: 14

...

Toronto

Office rent: $450 per square metre

Vacancy rate: 8.1 per cent

Global rank: 15

...

Dubai

Office rent: $420 per square metre

Vacancy rate: 35 per cent

Global rank: 16

...

Madrid

Office rent: $400 per square metre

Vacancy rate: 11.2 per cent

Global rank: 17

...

Mexico City

Office rent: $320 per square metre

Vacancy rate: 13 per cent

Global rank: 18