JLL: Average rate of unoccupied office areas in Bucharest at lowest level

The average rate of unoccupied offices in Bucharest dropped last year at a historic low level of 6.6%, compared to 9.2% at the end of 2017, while rents may go up, according to a report issued by the real estate consulting company JLL. The drop appeared on the background of lower development activity compared to the demand of office areas, JLL shows. If we take into account direct transactions between tenants and landlords, the ...

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