| 26.08.2011 - Madrid office vacancy rate eases: Savills |
| Office vacancy rates in Madrid have eased in the second quarter of 2011, standing at 4.73% in the city's Central Business District (CBD), down from 5.31% in Q1 2011, according to international real estate advisor Savills. The main reason for the decrease is not, however, occupier take-up, but a lack of new stock coming to the market. Take-up levels for Madrid reached 90,000 m2 in Q2 2011, down from 160,000 m2 in Q2 2010..............................................Full Article: Source |