Europe market report 2008 [electronic resource]
Language: English Series: NAI Global Europe Market Report ; 2008 Publication details: Princeton NAI Global 2008Subject(s): LOC classification:- 333.33 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 143417-2001 |
Reviews and summarises the real estate activities of 2007 in 29 of Europe's most important property markets. Reveals property markets across Europe have been fairly strong in 2007, although uncertainty in the financial markets is likely to change this. High demand for offices led to increasing prime rents in the key European centres, up 10% compared to a year earlier. Average vacancy in Western Europe is around 7.5% and around 7% in Central and Eastern Europe. There were record levels of direct investment in real estate in the first six months of 2007, with most activity in the UK, France and Germany. However, across Europe, the fourth quarter of 2007 saw a marked reduction in the level of activity.