Office rental growth in Luxembourg will exceed 20% by year-end 2010 with London's City and West End set for over 10% growth, according to new research released at Mipim in Cannes by real estate adviser Savills. Istanbul and Prague will see office rents increase by around 8% and 5% respectively.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
