25.02.2011 - Shortage of Prague office space to fuel rise in value
From Ceskapozice.cz: Jones Lang LaSalle’s Tewfik Sabongui tells Czech Position what the impact of undersupply will be on Prague’s office market. If you wanted to find a single word to define the key issue on Prague’s real estate market today “undersupply” would be an excellent choice. Tewfik Sabongui, managing director of Jones Lang LaSalle (JLL) for the Czech Republic and Slovakia, says that the number of projects put on hold or canceled during the economic crisis will have a major impact on the market over the coming years...............................................Full Article: Source
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