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Portugal : Office Snapshot - Q3 2013

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Portugal : Office Snapshot - Q3 2013

Although Portugal’s negative economic growth has begun to stabilise, the months of contraction seen before have had its toll on the office market, which continued to stagnate in Q3. High unemployment has also dampened the market, and in conjunction with low business confidence, the current climate has prevented a considerable amount of office expansion strategies. Prime rents were unmoved throughout Lisbon’s submarkets.

Source : Cushman & Wakefield

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