The third quarter of 2010 has seen the aggregate vacancy rate in Europe level off at 10.1% , according to the latest research by CB Richard Ellis (CBRE). In some key markets, such as London and Munich, available supply is shrinking. However, sizeable variations exist within many cities, with vacancy rates for prime CBD space typically lower, even in places where aggregate vacancy remains high.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
