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Central and Eastern European office market view year end 2007 [electronic resource]

By: Language: English Series: CB Richard Ellis Central and Eastern European Office Market View ; year end 2007Publication details: [S.l.] CBRE 2007Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Reports that about 2.5 million square metres of modern office space was completed in the capital cities of Central and Eastern Europe in 2007. As a result, office stock increased by 1.7%. Finds that there was an overall vacancy rate of 6% at the year end; an all time low. Suggests that increases in prime rents in Moscow and Warsaw could be the beginning of a more widespread increase due to limited availability in some markets.

Reports that about 2.5 million square metres of modern office space was completed in the capital cities of Central and Eastern Europe in 2007. As a result, office stock increased by 1.7%. Finds that there was an overall vacancy rate of 6% at the year end; an all time low. Suggests that increases in prime rents in Moscow and Warsaw could be the beginning of a more widespread increase due to limited availability in some markets.