Image from Google Jackets

European office property markets 2007 [electronic resource]

By: Language: English Series: King Sturge European Office Property Markets ; 2007Publication details: [S.l.] King Sturge 2007Subject(s): LOC classification:
  • 333.337 $2 18
Online resources: Summary: Reports that most European regions have experienced rising office rents and increased occupier demand, due to strong economic growth and falling unemployment. Estimated growth in total take-up in Western Europe is predicted to be 8.4% to the end of 2007, up from 7.7% in 2006. In terms of office space, vacancy rates are set to fall to 7.6% in Western Europe by the end of 2007 and to 6.8% in Central and Eastern Europe. In Western Europe, prime office rental growth is predicted to reach 10.8% in 2007, compared with 4.4% in 2006, with strong growth likely in London's City and West End markets, Paris and Madrid. After a poor performance in 2006, rental growth in Central Europe is expected to reach 20.7% in 2007.

Reports that most European regions have experienced rising office rents and increased occupier demand, due to strong economic growth and falling unemployment. Estimated growth in total take-up in Western Europe is predicted to be 8.4% to the end of 2007, up from 7.7% in 2006. In terms of office space, vacancy rates are set to fall to 7.6% in Western Europe by the end of 2007 and to 6.8% in Central and Eastern Europe. In Western Europe, prime office rental growth is predicted to reach 10.8% in 2007, compared with 4.4% in 2006, with strong growth likely in London's City and West End markets, Paris and Madrid. After a poor performance in 2006, rental growth in Central Europe is expected to reach 20.7% in 2007.