Global office real estate review mid-year 2009 [electronic resource]
Language: English Series: Colliers Global Office Real Estate Review ; Mid-Year 2009Publication details: [S.l.] Colliers 2009Subject(s): LOC classification:- 333.33 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 148687-2001 |
Reports that demand for office space has fallen in the first half of 2009 in almost all regions and all cities, compared to the second half of 2008. However, the impact has been the most severe in the United States, Japan and much of Europe. All regions registered higher vacancies and most registered falling rents. Office investment transaction activity levels in most regions was down on H1 2008 levels. Concludes that the outlook for the rest of 2009 is a further weakening of fundamentals with little prospect of recovery until 2010 at least.