10 Most Expensive Cities to Rent an Office: 2012

7) Sydney:

Average Price to rent an office space:  $119 per square feet

Rental Growth Increased: 6 percent

Sydney is one of the largest and the most sought after city in Australia that took the 7^th place in the list. The average price to rent office space here is $119 (about 5930) per square feet. The city hs also witnessed a growth of 6 percent from last year.

8) Rio de Janeiro:

Average Price to rent an office space:  $109 per square feet

Rental growth declined: 8 percent

Rio de Janeiro is one of the most popular cities in Brazil. The city stands at 8^th position in the list. The city is offering an average price of $109 (is about 5439) per square feet but over the last year, the rent for office space has dropped by 8 percent, which has affected the rent to some extent.