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East-west split as European prime office rents stall: CBRE

Posted on 05 September 2011

Renewed caution among occupiers has led to reduced activity across Europe’s main office markets, with the notable exception of Moscow, according to the latest EMEA Offices report from CB Richard Ellis (CBRE).
The report finds that uncertainty generated by the sovereign debt crisis and broader economic climate is affecting occupier behaviour, with many choosing to roll over existing leases or take short-term expansion space as opposed to relocating, at least until clearer signs of recovery are evident……………………………………….Full Article: Source


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