Cautious occupiers make the most of vacant space

Cautious occupiers make the most of vacant space - 2005 - EuroProperty May 2005 16-17(2) .

Examines the results of the EuroProperty/Nelson Bakewell Occupier Sentiment Survey. Finds that two-thirds of respondents said they had no plans to increase floor space in the next 24 months, with companies preparing to use vacant space or occupy space more efficiently. The lack of expansion may be caused by the volume of unoccupied space that companies hold - as around 90% of companies in the survey reported that they had vacant space. The survey confirmed the trend for occupiers to relocate certain functions abroad, with half of respondents reporting they had moved operations out of their original country in the last 12 months