As 2013 draws to a close, the story that is emerging for the coming 12 months revolves around secondary cities.
As 2013 draws to a close, the story that is emerging for the coming 12 months revolves around secondary cities.
Tightening yields in the safe havens of London, Paris and Frankfurt are coinciding with high and rising office occupancy costs.
On the other hand, smaller markets such as Copenhagen, Brussels and Rome have proved to be especially affordable and more reasonably priced than the European average. As a result, they provide a good alternative for occupiers looking for expansion in key sub-regions within Europe.
Since the outbreak of the global financial crisis five years ago, many investors have opted to be as unadventurous as possible. But the signals in our Outlook 2014 edition suggest that the European market is normalising. Some would even dare to say it has turned the corner. The subtext here is that the time has come to be bold.
Read Judi Seebus' full editorial in the December issue in the attached pdf
