Posted on 14 February 2011
Istanbul office rents to grow faster than in Madrid – 14% in 2008
Savills, the major international property agents, predicts that rental growth in 2008 for Barcelona’s office market will be zero, while in the capital, Madrid, it will be less than 5%. These figures are dwarfed by projected growth rates of almost 10% in the Portuguese capital, Lisbon, and 14% in Turkey’s largest city, Istanbul.
Property Week.com – 4th July 2008. (Abridged)