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European Office Property Clock

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Q2 office leasing activity saw the highest take up in Western Europe since 2006

The Eurozone economy continues to outperform initial forecasts for the year. Meanwhile, election results in The Netherlands and France delivered decisive defeats for populist, Eurosceptic parties and reinforced EU unity. These economic tailwinds are in line with the overall office market performance, as solid occupier activity continues on the back of strengthening employment.​​​​​

Note:

This diagram illustrates where JLL estimate each prime office market is within its individual rental cycle at the end of June 2017.
Markets can move around the clock at different speeds and directions.
The diagram is a convenient method of comparing the relative position of markets in their rental cycle.
Their position is not necessarily representative of investment or development market prospects.
Their position refers to Prime Face Rental Values.
Definitions

Prime Rent (read)
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