Modest rental growth in Europe's office markets: JLL

Modest growth persisted throughout quarter four (Q4) 2010 in Europe’s office markets with Jones Lang LaSalle's Office Rental Index rising 0.8% over the quarter and by 5.4% over the year. Jones Lang LaSalle’s European Office Clock also highlighted an increase in occupier activity over the quarter with take-up increasing 20% in both CEE and Western European markets; however the research also predicts that the outlook for 2011 is moderate as macro risks remain.

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