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Improving Economies to Drive Falling Vacancy and Rising Rents in European Office Markets in Next Five Years

Europe’s prime office market vacancy rate is expected to fall back to its 2009 level by the end of 2016 and then to continue declining over the rest of the decade, according to global real estate advisor, CBRE. In Europe’s major cities, office development is not keeping pace with growing demand driven by improving employment trends and almost all key office markets are expected to show falling vacancy rates and accelerated rental growth over the next five years.

CENTRAL EUROPEAN OFFICE FORECAST 2015-2017

According to global property adviser Cushman & Wakefield, the outlook is generally positive in the Central European office markets of Czech Republic, Hungary, Romania, Poland and Slovakia. Three out of the five markets are anticipating rental growth over the next three years (Bratislava, Budapest and Prague).

Bueroinfo.at is pleased to announce our partnership with Construction21EXPO.eu

Bueroinfo.at is pleased to announce our partnership with Construction21EXPO.eu A virtual tradefair dedicated to celebrating Europe's greenest building projects and solutions.

Austrians sell office towers in Russia

The sale of the towers in St. Petersburg was threatened to fail because of the ruble decline

Vienna Office Market: Strong Investment, weak rental demand

Otto Immobilien presents current office market report

Germany introduced the purchaser priniciple

But what is it and where can it be applied? And what are the critiques?

DTZ: Good time to purchase commercial real estate

The loose monetary policy of the European Central Bank makes especially logistic and office properties in the euro periphery interesting, says DTZ real estate service.

EY confirmed location and extendes the contract with the Viennese top address

Vienna (TP / OTS) - EY, one of the most prestigious international audit and consulting organizations, confirmed the location in Vienna IZD Tower. The offices will be expanded and modernized to meet the latest standards.

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