Europe’s leasing market reported positive growth across 17 major office markets in the first half of 2014, as the Eurozone continued its recovery drive with improved sentiment across the region.
Prime rents in 85% of office markets across Europe and the Middle East either reported a boost in the last six months or remained static. The countries showing the most notable increases were Germany and the Netherlands. The office market in Germany saw the strongest growth, with prime CBD rents in Stuttgart leaping 25%. Munich also reported rental increase for the seventh consecutive half since H2 2010.