Savills latest quarterly prime office costs report says that average gross prime office rents in major cities around the world have risen 2.4% in the past year, while tenants’ ‘all-in’ net effective costs (rent plus fit-out costs) have risen 3.1%, but the averages hide some significant variations across regions.
German-listed real estate company Branicks Group has sold a retail property in Bremen city centre to municipal urban developer Brestadt for €37.2 mln.
