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Central and Eastern Europe continues to see a more favourable growth outlook than many of its western European neighbours. Occupiers looking to acquire space in the region, have been facing less competition for space as the year has progressed and costs were relatively stable in the the third quarter.
As we move into 2013 prime rental levels may face some downward pressure, however this pressure is more likely to be seen in more generous incentive levels rather than reductions in headline rents.
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23 November 2012