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Articles - Office market

CBRE RESEARCH REPORT - Belgrade office market

BELGRADE OFFICE STOCK As of the beginning of 2015, Belgrade contemporary office stock has remained unchanged, exceeding the level of 738,000 sq m of GLA. Furthermore, the speculative (leasable) office stock reached the level of 516,000 sq m, while the owner-occupied supply stands at the level of 221,000 sq m. In the following period, the construction activity, which commenced in the late 2014, will have a positive impact on the overall office supply.

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.
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