Friday, June 27, 2008

Office rentals up by 6% in Q1: Cushman & Wakefield

Office rentals across the property market have increased by 6% during the first quarter of 2008 on account of rise in supply of office space, according to global consultant Cushman & Wakefield.

"Rentals across office real estate markets showed a marginal average increase of 6% over the last quarter coinciding with the increase in overall office supply,” C&W said in its latest report.

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