Leasing Activity Slows in European Office Markets but Significant Local Differences Remain
CB Richard Ellis Group has announced that its forthcoming market report – EMEA Office Market View – indicates that European office markets have started to be affected by short-term economic uncertainty. Office take-up across the major European markets has run at approximately 2 million sq m per quarter so far this year, 20% below last year’s levels, although significant local differences are still evident.
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Leasing Activity Slows in European Office Markets but Significant Local Differences Remain