Belgium : Office Market Snapshot - Q3 2016

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Business confidence levels dipped in Q3 and this was reflected in lower levels of activity in the office sector throughout the quarter. The government’s recent efforts to reform the labour market, coupled with low oil prices and accommodative monetary policy have helped boost corporate profitability, but the Brexit vote, terrorist events in Q1 and the recent restructurations announced in the industrial, finance & insurance sector have clearly weighed on sentiment among occupiers, developers and investors

Source : Cushman & Wakefield

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