| 6.2°C Dublin

HK rents are highest

HONG Kong has taken over London's West End as the location with the highest prime office rents in the world.

The city's rise is a result of rapid rental growth in the first half of 2011 as rents stood at €1,248 per sqm per month.

This contrasts with Dublin's position in 44th position, sliding 16 places to €325 per sqm per month.