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CEE offices vacancy rates decline: CBRE

Posted on 17 August 2011

Average office vacancy rates in CEE declined below 14% in H1 2011 following on from a 2% decline since the fourth quarter last year, according to the latest data from CB Richard Ellis (CBRE).
The further decline in vacancy was a result of limited new office supply and increasing demand. The majority of this decrease was the result of positive vacancy trends in Eastern European capitals, as net absorption was particularly strong there……………………………………….Full Article: Source


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