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Survey occupiers

By: Language: English Series: EuroProperty ; 20 July 2009, 21-25(5)Publication details: 2009Subject(s): Summary: Corporate activity is slowing across Europe and rents are falling fast as companies reduce their staff and consolidate their office space. The fifth annual "EuroProperty/NB Real Estate Occupier Sentiment Survey" demonstrates the negative impact of the recession with expansion plans cut, reduced space occupied, leases being renegotiated and green buildings being avoided. Markets showing the strongest rental growth two years ago now lead the rental decline affecting both western and eastern Europe leaving tenants in a powerful position in a falling market.

Corporate activity is slowing across Europe and rents are falling fast as companies reduce their staff and consolidate their office space. The fifth annual "EuroProperty/NB Real Estate Occupier Sentiment Survey" demonstrates the negative impact of the recession with expansion plans cut, reduced space occupied, leases being renegotiated and green buildings being avoided. Markets showing the strongest rental growth two years ago now lead the rental decline affecting both western and eastern Europe leaving tenants in a powerful position in a falling market.