Commercial rents of office spaces in Kuwait too high

Published March 24th, 2005 - 07:15 GMT
Al Bawaba
Al Bawaba

An recent international report has indicated that commercial rents of office spaces in Kuwait is the highest in the Arab World and 20th in the world, according to rental value of 2004.

 

Executive general manager of the IDG Kuwait branch Ian Gladwin has conveyed to KUNA that the average price per square meter in Kuwait amounts to some 356 euros per year.