Demand for lower rents and the fact that many tenants are also renegotiating the terms of their leases caused prime office rents to fall across the European office market in the second quarter, according to a new report from Savills. However, prime CBD rents in Q2 only dropped by -4% compared to -6% in Q1 on a quarterly basis.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
