Global office marketview [electronic resource] downshift to a lower gear
Global office marketview downshift to a lower gear [electronic resource]
- [S.I.] CBRE 2012
- CBRE Global Office Marketview Q4 2011 .
Occupier hesitancy to make large space commitments was a unifying theme across all global regions in Q4 2011 with their focus on reducing costs either though consolidation or relocation to cheaper locations. Global vacancy fell by 10bps to 13.2% in 2011 and the office market recovery continued but at a lower gear. Best performing markets were technology, energy, and resources-related occupiers. Covers the global economic backdrop, global office supply and demand, and the regional perspective on vacancies and completions.
International
Occupier hesitancy to make large space commitments was a unifying theme across all global regions in Q4 2011 with their focus on reducing costs either though consolidation or relocation to cheaper locations. Global vacancy fell by 10bps to 13.2% in 2011 and the office market recovery continued but at a lower gear. Best performing markets were technology, energy, and resources-related occupiers. Covers the global economic backdrop, global office supply and demand, and the regional perspective on vacancies and completions.
International