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EMEA Corporate Occupier Conditions Q2, 2011 - Western Europe

This quarter, we have witnessed momentum building amongst corporate occupiers. Confidence in EMEA is higher and is beginning to translate into activity in the real estate markets. An ongoing desire to upgrade the quality of occupied space coupled with either consolidation strategies or lease events is evident, enabled by strong corporate cash balances making investment possible. But Q1 2011 also represented the first whisperings of that all important word - expansion - in selective markets across the region. This trend was underlined in our recent Global CRE Survey which pointed towards the dual pressures of pursuing growth and right-sizing.

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