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Savills: Rents rising in core European office markets

Posted on 20 September 2012

According to Savills latest European office market research report over half of the markets surveyed will record positive year-on-year prime rental growth at the end of 2012 due to decreasing availability of prime space in the CBD. These markets include London West End (where the firm expects a y-o-y rental growth of 7.3%), Brussels (5.5%), Lyon (8.7%), Dusseldorf (5.8%) and Hamburg (4.3%).
Overall the international real estate advisor forecasts that prime CBD rents across European office markets will increase by 1.4% on average by year end………………………………………..Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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