The vacancy rate in the Warsaw office market reached a record low of 2.4% in the first quarter of 2008, according to figures released by the Warsaw Research Forum, a group of six real estate market research and analysis specialists. The highest vacancy rate, 5.6%, was seen in the city centre while a 3.9% vacancy was recored in the southeast portion of the Warsaw office market while the vacancy rate in the Mokotow area of the city in the upper south decreased to 1.4%. The vacancy level in the north zone of the market is zero.
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