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Savills: No double dip in core European office rents in 2012

Posted on 09 March 2012

International real estate advisor Savills expects new supply across European office markets to remain low in 2012 keeping supply and demand in balance and averting a double dip scenario, especially for the core European markets.
The firm forecasts that low supply will lead to a further decline in overall vacancy rates to 10.4% in the first quarter of 2012. In terms of new supply Savills forecasts that completions in 2012 will be 35% lower than in 2010………………………………………..Full Article: Source


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