The largest office projects to be delivered by the end of 2016 are: Metroffice, developed by Immofinanz, building B of Oregon Park project, developed by Portland Trust, building C of Hermes Business Campus project, developed by Atenor Group.
After the first nine months of the year, the vacancy rate of office space stood at 12.3%, while for Class A buildings, the vacancy rate was below 10%.
The prime rent for office space remained stable at EUR18.5/ sqm. The large number of projects announced for the upcoming period could translate into even more pressure on the net rent, according to CBRE.
New office space demand had a share of 23% in the total demand, or 268,300 sqm, while expansions accounted for 37% of the demand, or 170,400 sqm.