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Jones Lang LaSalle European Office Property Clock Q3 2010

The majority of Europe’s economies continue to recover - although with substantial differentials. This is reflected in the Q3 2010 rental clock. 14 of the 34 “clock markets” are now at or beyond 6 o’clock with the majority moving further through the “bottoming out” quadrant. Prime office rents continued to grow albeit at a slower pace:  the Jones Lang LaSalle Office Rental Index rose by a modest 0.7% over the quarter, driven by London, Moscow and Stockholm.

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