000			01793cad a22002415a 4500
001			L145680
008			081030s2008 xxkd f s 000 0 eng d
035			_a(Sirsi) u145680
041	0		_aeng
050	0	4	_a333.337 $2 18
110	2		_aKing Sturge _93877
245	0	0	_aEuropean office property markets 2008 _h[electronic resource]
260			_a[S.l.] _bKing Sturge _c2008
490		0	_aKing Sturge European Office Property Markets _v2008
520			_aReports that despite pockets of stronger activity, office occupational markets in Western Europe are now in the midst of a slowdown due to the global financial crisis. Total take-up to the end of 2008 in Western Europe is predicted to fall by 12.4%, following growth of 6% in 2007. In Central Europe, total take-up is predicted to grow by 13.7%, following a fall of 5.4% in 2007. Vacancy rates are set to remain stable at 7.3% in Western Europe by the end of 2008 and to 7.1% in Central and Eastern Europe. Despite the credit crunch prime office rental growth is still increasing in Western Europe, but at a reduced rate of 5.5% in 2008, compared to 10.7% in 2007. London's City and West End markets have recorded a fall in rental levels, whilst prime rents have stabilised in Paris, Madrid and Dublin. While returns at pre-credit crunch levels are not expected to be repeated, expects that office property will remain an attractive asset in the long run.
590			_aKA
650	2	4	_aKING STURGE EUROPEAN OFFICE PROPERTY MARKETS
651		4	_aEurope
690			_aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
690			_aPROPERTY-COMMERCIAL PROPERTY-OFFICE PROPERTY
856	4	0	_uhttps://www.kingsturge.com/ _zView the research report free of charge (registration required) at www.kingsturge.com...
942			_n0
999			_c108859 _d108859