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Pulse European office property clock, Q1 2009 [electronic resource]

By: Language: English Series: JLL European Office Property Clock ; First Quarter 2009Publication details: [S.l.] JLL 2009Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Suggests that the economic downturn in the Eurozone is continuing to affect the office market, with prime office rents falling at an increased pace. The European Office Rental Index, which is based on the performance of 24 markets, fell by 8.0% in Q1 2009, the biggest fall the Index has seen. Prime rents are now 11.1% lower than a year ago.

Suggests that the economic downturn in the Eurozone is continuing to affect the office market, with prime office rents falling at an increased pace. The European Office Rental Index, which is based on the performance of 24 markets, fell by 8.0% in Q1 2009, the biggest fall the Index has seen. Prime rents are now 11.1% lower than a year ago.