Market Conditions Continue to Attract Corporate Real Estate Investment in Central and Eastern Europe
Occupier conditions just got better in Central and Eastern Europe according to Jones Lang LaSalle
Jones Lang LaSalle’s latest report launched on 8th March 2011 at MIPIM ‘Onshore, Nearshore, Offshore: Unsure? A 2011 Central European Perspective’, along with a new ‘CEE Occupier Office Map’. This new research provides a welcome positive view on the region, outlining the attractiveness of CEE markets over the next three to four years. Following a period of a dominance of tenant favourable market conditions, some of the cities such as Warsaw, Budapest and Bucharest are moving into a relatively balanced market position over the course of 2011. In the cities of Prague and Bratislava, the overall leasing terms are likely to start changing later in the year and into 2012.
If you have any questions or want to find out more on the Outsourcing/ Off-shoring opportunities in the CEE region, please contact John Duckworth, Regional Director, CEE.