A flourishing office market
Napi.hu reported that the upswing of the European office space market will prevail in the period between 2015 and 2017 and a significant boom in London, Dublin, Barcelona and Stockholm may give new impetus to the entire region. According to a survey involving 20 European capitals the region’s rental office market will continue to show signs of good health in the next two years. Office space prices will increase, although the percentage of vacant properties will increase in Moscow, Warsaw and Istanbul.
In Western Europe 12 out of 13 markets will see higher rental fees in the next three years with London expected to experience a rise of 15 per cent. Good performers of the CEE region will likely be Prague and Budapest, even though with a mere 0.8 per cent increase between 2015 and 2017.