JLL: European office take-up hits record 10 million m2

Take-up in the European office sector during the first nine months of 2007 reached an all-time high of 10 million m2, 12% more than the same period last year, Jones Lang Lasalle said in its latest European Office Property Clock. Demand was driven by continued corporate expansion, JLL said, and remained strong particularly in Germany's five major cities where it was up 25%. All European markets saw positive net absorption over the year which now stands at a record volume of seven million m[sup]2[/sup].

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