a divergence in The objectives of landlords and tenants of office space, with shared CSL Immobilien on Tuesday. “More and more companies no longer want to bind themselves with long-standing Fixverträgen, but at least partially remain flexible.” This is one of the key findings from the property market report, 2019.
The company would only rent a small area to fix, and the Rest of their needs with Co-Working contracts to cover. “Membership”models had a similar shape, in which a membership, the right is acquired to work on all sites of a provider, such as so-called “Impact Hubs”.
Only apparent relaxation
be have led to This delay and changes in demand, the Rents for office would have the moving surfaces of 2018, sideways, or even declined. Rising Rents were only to be found in great locations and in emerging Neighborhoods, in the Agglomeration of Zurich about Zurich the South and in the Binz. In the Zurich centre, prices sideways had moved.
In the 20 largest Swiss agglomerations within six months a total of 1.75 million square feet of office space, according to real estate service provider CSL and the end of 2018 available – compared to the previous year, a decline of around 4 percent. In volume terms, by far the most of the empty areas were found in the Agglomeration of Zurich (about 560 000 square meters, -7 percent) and Geneva (around 412 000 square meters, -4 percent).
it was but only at first glance, a relaxation in the Swiss office market, which had been characterized in the past years of massive Excesses, CSL chief Yonas Mulugeta in the message quote. Because: “The economy is going well; in fact, the company would have to rent significantly more land.” He explains this on the one hand with changes in demand and the delayed impact of business growth and start-UPS on the demand for Space. (Dec/sda)
Created: 05.02.2019, 15:00