April 1, 2004

Commercial real estate company Cushman & Wakefield has published a survey of office space costs around the world, but that could also apply to retail space. Most expensive is London ($164.70 per square foot), followed by Paris ($105.78), Tokyo ($91.33) and New York City ($84.82). The costs include rent, taxes and utilities. Ironically, Apple seems to be opening new retail stores in all four of those locations.

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