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Office rents moving upward in more than 50% of the country.
Strong demand amid dwindling supply in London’s West End pushes rents up by 5%; London confirms its position as the world’s most expensive office market for the second consecutive year. Hong Kong ranks second after losing top spot to London last year for the first time since 2008; global office rents increase by 3% overall.
Furniter dealer OFM and Swingline, the makers of the iconic Red Swingline Stapler, have joined forces to launch the “Hands Off My Stapler Contest.”
When MSNBC workplace and career columnist Eve Tahmincioglu began her recent story on corporate layoffs resulting in “cubicle graveyards” full of unused office space, she looked to the International Facility Management Association for research to back up her claims.