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The Nordic nations: Viking office markets beginning to cool down

Article Abstract:

Office markets in the Nordic region are slowing down in terms of new construction and rent growth after several years of rapid growth in office space. Copenhagen is seen as the next corporate regional center in the Nordic region with its infrastructure boom, but rents are not expected to increase by leaps and bounds because of the availability of land for development. In Stockholm, however, rents have reached the $35.65-$37.88/sq ft compared to the $28.96/sq ft rate for 1997.

Scandinavia, Office leases

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Today's and tomorrow's office buildings: what you should know

Article Abstract:

New corporate concepts, technologies and strategies have made large and expensive office buildings things of the past. Cost concerns are pushing companies such as Equitable Life Assurance Co. to abandon their expensive locations for smaller offices. Technological requirements such as increased watts of electricity per square foot and the need for heating, ventilation and air-conditioning systems are dictating the choice of office buildings.

Evaluation

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Tenants head for the hills as Europe's Latin markets heat up

Article Abstract:

Latin America's office space market has been undergoing unprecedented growth, buoyed by Europe's economic advancement. In fact, commercial rents in Madrid, Spain rose to as much as 20% in 1998, representing one of the highest levels achieved by the industry during the 1990s. The trend has also generated substantial declines in vacancy rate levels, particularly in the medium-sized floorplates, where rates are expected to increase by 1999.

Contracts, Buildings and facilities, Market share, Latin America, Offices

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