29.07.2010 - UK: Office demand slows in Q2, but underlying picture remains healthy
From Europe-re.com: As was widely expected, UK office market take-up slowed in mid-2010 after an exceptionally strong start to the year. In the three months to June, occupiers took just 1.3 million ft² (approx. 120,000 m²) of office space, less than half as much as in Q1 and the weakest quarterly performance since the market’s lowest point of early 2009. “It is, however, important to look below the surface,” comments Andrew Burrell, King Sturge’s Head of Office Research. “We were cautious about the Q1 surge and would also argue that the more recent data do not signal the feared double-dip.”.............................................Full Article: Source
Print