000 01068cam a2200229 4500
001 WB3931-10
008 030818n2003 000 0 eng u
035 _a(Sirsi) u123287
245 _aM25 office market to bottom out at end of 2003
260 _c2003
490 _aProperty Week
_v68(31) 8 August 2003, 6(1)
520 _aKnight Frank's M25 offices report for the second quarter 2003 reveals a 9.3% vacancy rate, the highest since 1985 and predicts that this struggling market will bottom out at the end of 2003 with a 9.5% vacancy rate. Office availability rose by 3% in the past three months, while take-up fell by 18%. Initial yields have hardened to below 6%. The report is available at http://www.knightfrankglobal.com/wip/pdf/10335.pdf
590 _aWB
650 _aPROPERTY-COMMERCIAL PROPERTY-OFFICE PROPERTY-OFFICE PROPERTY MARKET
650 _aYIELDS
650 _aM25
650 _aLETTINGS MARKET
650 _aPROPERTY INVESTMENT
650 _aPRELETS
690 _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
942 _n0
999 _c73232
_d73232