EMEARents mapOFFICE 2010Accelerating success.
Colliers InternationalColliers International is the leader in global real estate services defined byour spirit of enterprise. Through a culture of service excellence, and a sharedsense of initiative, we have integrated the resources of real estate specialistsworldwide to accelerate the success of our clients.When you choose to work with Colliers, you choose to work with the best.In addition to being highly skilled experts in their field, our people arepassionate about what they do. And they know we are invested in theirsuccess just as much as we are in our clients’ success.The foundation of our service is the strength and depth of our specialists.Our clients can depend on our ability to draw on years of direct experiencein the local market. Our professionals know their communities and theindustry inside and out. Whether you are a local firm or a global organisation,we provide creative solutions for all your real estate needs.Our services include:Brokerage Sales and Leasing• Landlord Representation• Tenant RepresentationCorporate SolutionsDevelopment SolutionsInvestment ServicesProject ManagementReal Estate Management ServicesValuation and Advisory ServicesWe cover the following core sectors as well as many specialised sectors:OfficeIndustrial and LogisticsRetailHotelResidentialMixed use
Office ServicesThe key to achieving a successful outcome for our clients is to provide atailor-made solution that meets their needs, whether they are a majorcorporation or a private business, a start-up operation - in whicheversector - or a long established national, regional or local authority.That tailor-made solution may entail securing new offices, disposing ofspace that is no longer required, renegotiating lease terms, merging existingoperations, sub-letting surplus space in the short-term, providing valuationsor strategic advice.As office and business park specialists, we provide our clients witha detailed knowledge of local and regional markets in 37 countries throughoutthe EMEA region, each with their different traditions, laws, regulations, taxregimes and recognised procedures.Whether in central business districts, suburban locations or businessparks, our professionals provide expertise at many levels, ranging from theacquisition or disposal of sites to the many aspects of professional real estateconsultancy, from concept and design to fit out and completion, advising onplanning issues, the most efficient use of space, and a whole range of relatedfinancial and strategic matters.
EMEA Office Rents 2010NORWAYOslo€327.9%6.0%153,000SWEDENStockholm€43 p10.0% qn/a tu60,000€25 tu12.5% p6.3% qn/aHelsinkiTallinn€15* tu21.2% tu9.5% tu5,600FINLANDESTONIASaint Petersburg€27*19.0%13.0%636,900KeyISRAELTel Aviv€217.75%8.3%125,000SOUTHAFRICA€11 tu8.15% p10.5% p16,107Cape TownSAUDIARABIATop/Prime rent - (EUR/sqm/month)Vacancy rate (%)Prime yield (%)Under construction (2 years)DefinitionsRiyadh€42 tu26.0% q10.3% p1,042,939Johannesburg€1216.8%n/a11,600Durban€10 q10.0% pn/a tu50,000• Prime rents exclude taxes and service charges, and are basedon the following definition:Class A/Prime buildings - most prestigious buildings competingfor premier office users with rents above average for the area.Buildings have high quality standard finishes, state of the artsystems, exceptional accessibility and a definite market presence.Characterised by: prime location; first class tenant improvements;on-site parking; state of the art elevators and HVAC systems;concrete and steel construction; contemporary design andarchitecture; high quality of upkeep and maintenance; ability tocommand a premium rent within the relevant market.• Rents marked with an * denote average class A rents.• Vacancy rates denote office vacancy for the entire city (allclasses of office space).• Prime yields apply to fully rented office properties of goodphysical quality, location and tenant covenant.• Under construction represents the amount of new floor spacebeing actively developed at the current point in time.Data as of 30 June 2010.Arrows indicate expected market movement over thenext 6 months.€53 q30.0% p8.5% q2,600,000DubaiAbu Dhabi€40 tu8.0% p9.0% tu1,200,000€15 tu12.5% tu6.3% tu24,155BelfastIRELANDDublin€32 tu20.0% q7.5% tu100,000€32 p14.1% q5.9% q2,787GlasgowManchesterMadrid€29 q7.7% p6.0% tu330,000€29 p19.9% q5.8% tu0€2917.7%6.0%19,788Bristol€30 tu15.5% q6.0% q0EdinburghSPAINBirminghamUNITEDKINGDOMNantes€15 tu5.5% tu7.5% tu30,000€30 tu20.8% tu5.8% tu0LondonWest End€93 tu9.4% q4.5% q118,447Bordeaux€15 tu6.4% tu7.5% tu50,000LondonCityToulouse€17 tu6.8% tu7.5% tu36,800€57 p10.6% tu5.5% q231,394FRANCETHENETHERLANDSBELGIUMParis€69 tu7.0% tu5.1% tu700,000Montepelier€13 tu6.5% tu7.8% tu25,000Brussels€22 tu12.3% tu6.2% tu600,000Lyon€24 q10.0% tu6.3% tu80,000AmsterdamStrasbourgGenevaDENMARK€20 tu18.5% tu6.5% tu325,000 €24 q€16 tu6.7% p7.5% tu21,000Marseille€20 tu7.0% tu7.5% tu15,000€60 p2.5% q4.0% p50,000ZurichDüsseldorf€25 tu11.5% tu5.5% tu162,300€53 tu5.2% q4.4% tu300,000SWITZERLANDMilan€46 tu8.8% tu5.5% tu460,000Stuttgart€18 tu6.5% p5.5% tu84,300Hamburg9.0% p4.8% q350,000GERMANYFrankfurt€37 q17.3% tu5.4% tu292,000CopenhagenITALYRome€33 tu6.5% tu6.0% tu155,000€19 tu8.5% tu5.0% tu200,000€22 tu8.7% p5.5% q135,800BerlinMunich€35 tu7.9% p4.5% tu270,213€21*13.8%7.0%118,000PragueAUSTRIAPOLANDCZECH REPUBLICVienna€25 q5.0% p4.5% p230,000Zagreb€17 q7.0% p8.5% tu42,500€14*13.6%9.0%60,000HUNGARYCROATIABratislavaWarsaw€25*8.0%6.7%121,300LATVIASLOVAKIABudapestBelgrade€16*19.9%9.0%80,200€23 tu26.1% tu7.5% tu105,635ALBANIALITHUANIASERBIATirana€25*13.0%n/a12,000GREECERiga€16 tu30.0% tu10.0% tu16,000Vilnius€15 tu13.3% q10.0% p27,300ROMANIAAthens€30 tu12.0% tu7.5% tu150,000SofiaUKRAINE€20*20%8.5%269,650Bucharest€20 q21.0% pn/a tu668,000Minsk€37* q12.0% tu16.0% q150,000BELARUSBULGARIAIstanbul€40 tu9.99% p7.0% q280,000RUSSIAKyiv€31 tu16.0% p13.0% tu20,000Moscow€49*14.6%12%2,803,000TURKEYThis document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as tothe accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2010. All rights reserved.
Colliers EMEAOffice Contacts:Albania+355 4 2 400 470Elona SopiqotiGermany (Berlin)+49 30 202 993 48Kristina GeskeNetherlands+31 40 212 1110Robert KokSouth Africa+273 126 720 01Grant SolomsAustria+43 1 535 53 0533Dagmar OberhollenzerGermany (Dusseldorf)+49 211 350 80 250Sven BlisoNorthern Ireland+28 90 511 003Ian DuddySweden+46 8 402 36 96Thomas JaldeBaltic States+371 778 3322Deniss KairansGermany (Frankfurt)+49 69 719 192 23Peter KunzNorway+47 90 04 02 50Tore BakkenSwitzerland+41 43 210 51 20Philippe FreiBelgium (Brussels)+32 2 720 20 80Laurent FontaineGermany (Hamburg)+49 40 350 80 2 522Thomas LofflerPoland+48 22 331 78 00Pawel SkalbaTurkey+90 212 288 6262Gizem BurtecinBelgium (Antwerp)+32 3 224 89 72Kristof BoonGermany (Munich)+49 89 62 42 94 25Wolfgang DegenPortugal+351 21 350 5841João Pedro SenaUkraine+380 44 499 0000Alexander NosachenkoBulgaria+359 2976 99 76Anton SlavtchevGermany (Stuttgart)+49 711 22 7 33 12Ralf SpiethRomania+40 21 319 77 77Bogdan GeorgescuUnited Arab Emirates+971 4 423 4910Gerhard GeldenhuysCroatia+385 99 3134 432Hrvoje OmazicGreece+30 69 48 98 02 15Katerina DimouRussia (Moscow)+7 495 258 51 51Francois NonnenmacherUnited Kingdom+44 121 265 7520Craig SatchwellCzech Republic+420 226 537 618Filip RerkoHungary+36 1 336 4246Miklos SalyRussia (St Petersburg)+7 812 7183618Nikolay KazanskiyEMEA Headquarters+44 20 7935 email@example.comDenmark+45 58 58 35 15Jan NickelsenIreland+353 1 633 3700Nick CoveneySerbia+381 11 313 99 55Bosko TomasevicFinland+358 9 856 77 625Jyri LindqvistItaly+39 06 452 14 028Violetta ViganòSlovakia+421 259 980 980Robert CambalFrance+33 1 48 88 49 29Bruno de ChazeauxMontenegro+382 69 388 815Igor Budimirwww.colliers.com