000			01133cam a2200217 4500
001			WB3829-09
008			020806n2002 000 0 eng u
035			_a(Sirsi) u119228
245			_aEU office rents still falling
260			_c2002
490			_aProperty Week _v67(30) 2 August 2002, 14(1)
520			_aWeak occupier demand and rising vacancy rates means that rents are continuing to plummet in European offices. The CB Hillier Parker EU office rent index showed a fall of 2% in Q2 2002 - the biggest quarterly drop since the end of 1996. This fall means that on average the index is now 5% than a year ago. The latest quarterly fall was driven by declining rents in Madrid and in most German cities. The UK and Netherlands were the only locations where rents increased in provincial cities. The CB Hillier Parker report is available to download http://www.cbhillierparker.com/pdf/research/EMEAofficesQ2_2002.pdf
590			_aWB
650			_aEUROPE
650			_aOFFICE RENTS
650			_aOCCUPIER DEMAND
650			_aPROPERTY-COMMERCIAL PROPERTY
650			_aVACANCY RATES
690			_aEUROPE
942			_n0
999			_c70910 _d70910