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| Savills forecasts office rental growth of up to 20% Office rental growth in Luxembourg will exceed 20% by year end 2010 with London's City and West End set for over 10% growth, as well as Istanbul and Prague at approximately 8% and 5%. This is according to international real estate advisor Savills. The report suggests that average annual CBD rental growth will reach nearly 0% across Europe by the end of 2010 from current levels of -9% with key locations experiencing positive rental growth. This will follow a period of rental falls over the next six months for as much as 33% of locations surveyed, whist 57% of locations are set to stabilize. write your comments about the article :: © 2010 Construction News :: home page |