Knight Frank's global real estate market annual review reveals that prime office rents in Manchester are now £32 a sq ft, making it the 17th most expensive office address in the world - behind Moscow, London and Paris, but ahead of Rome, Sydney and Los Angeles.
David Porter, head of north west commercial property at Knight Frank in Manchester, said: "These statistics underline the city's high profile and its draw to inward investors. Manchester's culture and lifestyle have proved to be extremely successful in attracting a young yet highly skilled population, putting it on a par with major capital cities across the world."