Bankers rent most of all office areas in Europe
Most of all office areas in Europe are rented by bankers. The total of office areas occupied with the bank organizations in 15 leading European cities has made 670 thousand square meters for first three quarters of 2007, was informed in the press release of Cushman & Wakefield. It is 10% more, than during the similar period of the previous year.
By the end of September, 2007 banks have rented and have bought 13 percent of the market of office real estate in Europe. In the beginning of the year this parameter was equaled to 8%.
According to EMEA Banking Business Briefing, made by Cushman & Wakefield, Moscow has now joined such traditional centers of business activity, as London, Paris, Frankfurt and Brussels. Two thirds (67 percent) of all office areas rented or got by a bank sector in first three quarters of 2007, are located in these five cities.
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