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Office Rental – The Signs Of European Office Markets Improvement

By on Aug 19, 2013 in Office, Property News

Global-Office Rent-Cycle-MarketViewCBRE’s Q2 2013 Global Office Rent Cycle MarketView shows select european markets show signs of improvement.

There were noteworthy signs of improvement across many U.S. cities, London’s West End and City markets and Dublin, according to CBRE’s Q2 2013 Global Office Rent Cycle. Several Asia Pacific markets, including Manila, Taipei and Tokyo, also exhibited signs of growth during the quarter.

Conditions in most major European cities were generally stable, with downward movements in markets located in the more vulnerable economies of Spain, Italy and France. Meanwhile, occupiers across Asia Pacific were generally cautious as the economic outlook remained downbeat, inhibiting office leasing activity in most of the region’s markets.

This is an extract from Global Office Rent Cycle MarketView Q2 2013, click to download the full report at Office Rent Cycle MarketView

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