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A comprehensive guide to leasing office space around the world has been released by global real estate giant CB Richard Ellis (CBRE).
The guide, dubbed Global Office Occupier Guide, gives guidelines on how to lease office space in 56 countries around the globe. Protocol, occupation costs, lease length and space measurement practices are among the information supplied by the guide.
Dr. Raymond Torto, CBRE’s Global Chief Economist said: “The business world has become flatter and success and growth today are predicated on a strategic understanding of all key global markets and leasing practices.
“The Global Office Occupier Guide is an essential reference tool for all those doing real estate across the world’s office markets.”
The report is available for iPhone users, who will be able to view the guide through CBRE’s app on iTunes.
As well as multiple countries around the world, the guide has separate sections dealing with leasing office space in Hong Kong and Manhattan.
CBRE is currently the world’s largest property manager, overseeing 750 million square feet of property in the US alone.
In 2006 the company stated that its goal was to become completely carbon neutral in four years. It is currently looking at its results for 2010 to gauge if it has been successful.
CBRE’s National Director of Sustainability, David Pogue, recently told the Memphis Commercial Appeal that a recent survey from the company found that buildings which have LEED certification or other green credentials garner on average 1.46 percent more in rent.
Becoming LEED certified can add USD 5.6 million to the worth of a building, he added.
Already in New York 10.1 percent of buildings are LEED certified, with that number climbing to 25 percent in Los Angeles and 35 percent in Houston.