Focus on the German commercial property market
Khatri, M.
Focus on the German commercial property market - 2002 - RICS European Alert March 2002, 6(1) .
The German economy only grew 0.6% in 2001 compared to 3.0 in 2000, the worst performance since 1993. Real rental growth in the office and industrial markets slowed considerably, while the retail sector bucked the national downturn. Research from Jones Lang Lasalle shows that occupier demand for office space fell markedly by approximately 12% in 2001. Industrial rents were hit by the technology slowdown and the market saw orders shrink more than 7% from a peak in late 2000.
PROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
PROPERTY-COMMERCIAL PROPERTY-RETAIL PROPERTY-RETAIL PROPERTY MARKET
INDUSTRIAL MARKET
OFFICE SPACE
OCCUPIERS
GERMANY
ECONOMY
Focus on the German commercial property market - 2002 - RICS European Alert March 2002, 6(1) .
The German economy only grew 0.6% in 2001 compared to 3.0 in 2000, the worst performance since 1993. Real rental growth in the office and industrial markets slowed considerably, while the retail sector bucked the national downturn. Research from Jones Lang Lasalle shows that occupier demand for office space fell markedly by approximately 12% in 2001. Industrial rents were hit by the technology slowdown and the market saw orders shrink more than 7% from a peak in late 2000.
PROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
PROPERTY-COMMERCIAL PROPERTY-RETAIL PROPERTY-RETAIL PROPERTY MARKET
INDUSTRIAL MARKET
OFFICE SPACE
OCCUPIERS
GERMANY
ECONOMY