EMEA Rents map - Colliers International Zurich

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.