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EMEA : Office Market Snapshot - Q1 2016

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Despite the need for continued Quantitative Easing across the continent, and some pockets of weak-to-negative economic growth, 2015 was another favourable year for the EU-economy and wider office-market. GDP rose across the EU-board by 1.8% with countries such as Ireland, the Czech Republic and Sweden posting much GDP growth rates of 5.8%, 4.4% and 3.3%, respectively. Office-based jobs continued to grow by around 900,000, driven by continued private sector expansion - particularly in the TMT and Professional Services sectors.

Source : Colliers International

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