Expensive office space: Mumbai among top 5 on average age list

A new survey on the average age of the most expensive office space in 10 Asia Pacific cities ranks Mumbai at number four, with most buildings in the Bandra Kurla Complex (BKC). Beijing and Shanghai have the newest office stock followed by Tokyo, Mumbai, Singapore, Delhi-NCR, Seoul, Sydney, Melbourne and Hong Kong. The survey, which compares 30 buildings with the highest rents in each city, takes into account an equal number of buildings in Delhi’s central business district (CBD) and secondary business district (SBD), with the rest in Gurgaon.

Read more: Times of India