Economic growth slowed in the second half of 2010, but Germany had an exceptionally good 2010 with a 3.6% GDP increase.
With continuing new supply and negative net absorption, office availability rose again in the fourth quarter.
Despite the fall in retail sales figures at the end of the year, retailers are still expanding.
The logistics market has turned around with a large rise in take up in 2010, but low rental values are choking off supply.
Source : AXA Real Estate