Please choose your country: Cheap Places in the UK Cheap Places in the USA Cheap Places in Australia Cheap Places in the EU

    Accommodation Search Engine
                   Free

home | SEARCH | Post An Ad Free | Post News / Articles | About Us  | Log In / Register
RSS Postings
Poor showing for commercial property rents across Europe

Poor showing for commercial property rents across Europe (News (General))

by administrator @, Friday, July 24, 2009, 19:34

Rents in all commercial property sectors in Europe are affected by weak economic conditions across the continent in the second quarter of this year, according to a new report.

But it is the office sector that has been hit hardest. In a survey of 49 office locations some 26 saw prime rents fall, 23 were unchanged with none experiencing an increase, the latest index from CB Richard Ellis shows.

The steepest fall was in Kiev, down 25%, followed by Moscow which saw rents decline 16%. Several other Central and Eastern European markets also saw downward pressure.

Among the major western European office markets, notable quarterly falls occurred in London, Madrid, Dublin and Oslo, while rents remained relatively stable in Germany and the Netherlands.

Click here to read more

Tags:
commercial rents europe


Tell a friend:
  or Bookmark this Page
©2008 MAV web design
Valid XHTML 1.0 Transitional at Cheap Living Accommodation                                               Valid CSS at Cheap Living Accommodation!