Office space values across the UK continued to grow in February, new data shows.
The city of London is not the only office space market to be hit hard by the economic downturn. New research from CB Richard Ellis shows Bristol’s office space market to be suffering.
Two of the biggest office space developers, Jones Lang LaSalle and CB Richard Ellis saw their shares plunge on Wall Street yesterday as the current economic conditions dealt another big blow to the office space world.
Shares in the world’s largest office space and commercial real estate advisors have dramatically dropped by 37% in the last week as fears over the decline in the property market take their toll.
Jones Lang LaSalle, CB Richard Ellis and Atisreal are to sign contracts to advise IBM on their European, Middle East and Africa transaction management.
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