EMEA office market view first quarter 2008 [electronic resource]
Language: English Series: EMEA Office Market View ; First Quarter 2008Publication details: [S.l.] CBRE 2008Subject(s): LOC classification:- 333.337 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 144158-2001 |
Reports that leasing activity across Europe in the first quarter of 2008 was generally weak. Take-up fell significantly on the last quarter and 12% on the last year. The CB Richard Ellis Rent Index climbed 1.9% in the first quarter overall, but the rates of increase are below mid-2007 levels. Vacancy rates dropped by 5 basis points over the quarter to 6.76%. The CB Richard Ellis EU-27 Average Prime Office Yield Index rose to 5.28%, an increase of 14 basis points.