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Articles tagged energy

The office market remains price sensitive

NEWMARK VLK HUNGARY’S Managing Partner says demand for experienced advisors providing high added value is ever growing, as the alternative – rectifying a poor lease contract after it is signed – is difficult and expensive.

Energy Dependent Cities See Prime Office Rents Accelerate

Average prime office rental growth is up by a quarter, at 25.2%, for energy dependent cities - a city which is driven by the energy sector (oil and gas) for economic and real estate activity - this year. This far outstrips the average of 4.5% for other established office locations according to the latest research from global property advisor CBRE, which covers 33 cities.