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Office Market report Brussels Q3 2016: Mega deals, but less deals

  • ​​The quarterly opinion: More ambition is needed for Brussels

  • Take-up in the nine months period exceeds the full year 2015 by 15% at 345,000 sq.m.

  • 8 deals > 10,000 sq.m., doubling the last 5 years average

  • A two decades low level of occupier transactions

  • Vacancy declines further to 9.2%. Future supply remains limited

  • No change in prime rents, but higher average rents

  • Investment volume lower than record high 2015, prime office yields at a record low of 4.75%

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