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Real Estate Briefing - Categorized | Commercial property Watch, Europe, Performance more

EMEA region gains momentum in global office rental market: CBRE

Posted on 23 August 2010

From Propertyeu.info: Almost half of the office markets in the Europe, Middle East and Africa (EMEA) are now experiencing rental growth or stability, according to the latest ‘Global Office Rental Cycle’ research report by CB Richard Ellis. Following the Q2 bounceback, the EMEA region now closely trails the Asia Pacific region, which leads the global recovery in this sector.

The research report measures prime rents and take-up levels across 17 global markets. Paris, in particular, experienced a notable increase in office rents in the second quarter of 2010, the study found. Prime rents rose by 3%, and CBRE expects further rises over the coming months…………………………………….Full Article: Source


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