Property Report main office markets in Western Europe - Q2 2012
Language: English Series: BNP Paribas Property Report Main Office Markets in Western Europe ; July 2012Publication details: [S.l.] BNP Paribas 2012Subject(s): Online resources: Summary: The negative economic context caused a further drop in letting activity in major Western European markets in Q2 2012. Office space vacancy rates have stabilised as completions are still relatively low, but rents remain under downward pressure in the weakest occupier markets. Office investment is proving resilient despite the downturn and uncertain occupier fundamentals. Q2 was marked by the return of uncertainty. Office take-up remained below 2011's level in major markets but office investment volume strengthened further in Q2. Prime yields rose slightly in the weakest occupier markets.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 156980-2001 |
The negative economic context caused a further drop in letting activity in major Western European markets in Q2 2012. Office space vacancy rates have stabilised as completions are still relatively low, but rents remain under downward pressure in the weakest occupier markets. Office investment is proving resilient despite the downturn and uncertain occupier fundamentals. Q2 was marked by the return of uncertainty. Office take-up remained below 2011's level in major markets but office investment volume strengthened further in Q2. Prime yields rose slightly in the weakest occupier markets.