Office occupiers in several markets across Europe, the Middle East and Africa (EMEA) are still well-placed to negotiate favourable terms with landlords, according to latest office and market research from CB Richard Ellis (CBRE).
Despite the fact that rents are stabilising in several major cities across the region, landlords in many markets are still offering sizeable incentive packages in order to secure tenants. With landlords reluctant to lose tenants and risk voids, large occupiers who represent significant parts of a landlord’s portfolio are in a particularly strong position to negotiate.
Source: propertytalk Live!.