Sentences with phrase «office vacancy rate increases»
Office vacancy rate increases.
https://www.businessnews.com.au/ Not exact matches
Reis» preliminary forecast for 2014 calls for office - vacancy rates to decline by roughly half a percentage point by year's end and asking rents to increase 2.8 %, the largest gain since 2007.
According to New York - based Reis Inc.'s survey of the top 50 office markets, the vacancy rate grew by 0.4 % to 15.7 % in the third quarter, compared with a 0.6 % increase in the second quarter and a 1 % jump in the first quarter.
National office vacancy rates are forecast to slightly decrease 0.1 percent over the coming year as improved hiring increases the demand for office space.
«The past few years have been booming in Atlanta, but with the technology decline there has been a noticeable increase in office vacancy rates; the apartment occupancy rates have been touched by the decrease in the number of jobs created each year; all of which are affecting the retail market.»
With monthly rent rates increasing, vacancy rates decreasing, and an average revenue of $ 2,952 per property managed by Real Property Management offices, it's a great time to be in the property management industry.
National office vacancy rates are forecast by Realtors ® to retreat 1.1 percent to 12.1 percent over the coming year as job growth in business and professional services brings increased need for office space.
; • Vacancy rates are expected to drop in a range of between 1.2 and 3.7 percentage points for office, retail, and industrial properties and remain stable at low levels for apartments; while hotel occupancy rates will likely rise; • Rents are expected to increase for all property types, with 2012 increases ranging from 0.8 percent for retail up to 5.0 percent for apartments.
Ottawa — Like Calgary, the Ottawa office market saw a rise in vacancy rate over the past 12 months from 5.60 per cent to 6.30 per cent and stable rents of $ 17.23 per sq. ft.. Yet the market is expected to remain solid thanks to the stabilizing presence of the federal government, although a slight increase in vacancies is expected to occur due primarily to new supply and some space - juggling before it is absorbed relatively quickly both by the private and public sectors.