The bar chart illustrates the annual office rents in five international cities in 2008 and 2013, while the table displays the office vacancy rates for the same cities during those years
The bar chart illustrates the annual
office
rents in five international cities
in 2008 and 2013, while
the table displays the office
vacancy
rates
for the same cities
during those years.
Overall
, most cities
experienced a significant increase in office
rent
per square meter from 2008 to 2013, except for City
D, which saw a decrease. Interestingly, City
D also
had the most substantial increase in office
vacancy
rates
, while
the other cities
generally saw a decline in vacancies.
In 2008, City
A had the highest annual rent
at approximately $1,700 per square meter, followed by City
B at just under $1,500. City
C's rent
was $1,000, more than double that of City
E. By 2013, City
B's rent
surged to about $2,250 per square meter, becoming the most expensive, while
City
D's rent
dropped to just over $500.
As for vacancy
rates
, City
A saw a slight decrease of 2% in 2013, and City
B's rate dropped from 7% in 2008 to 2% in 2013. While
most cities
saw a reduction in vacancy
rates
, City
D's vacancy
rate dramatically increased to 23% in 2013, representing the highest among all the cities
.Submitted by 9500kawther1700 on
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