Colliers present the latest report in the ExCEEding Borders series. In this edition, we review the situation in 15 key office markets in the CEE region: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Montenegro, Poland, Romania, Slovakia, Slovenia and Ukraine.
In the report, we highlight changes in key market indicators such as total office stock, take-up and leasing conditions, vacancy levels, space under construction, including a brief commentary and short-term outlook.
The individual office market data from each country is also enriched with concise commentaries and images of modern office projects from across the region. Furthermore, and perhaps more importantly, we provide a high level, but fascinating look at the tremendously successful CEE business services sector. For many countries in the region, business services have become not only one of the leading sources of FDI and one of the biggest employment sectors (now estimated to employ well in excess of 1 million people in the markets covered in this report) but also one of the leading office occupier sub-sectors in the region.
Read the full report HERE.