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CEE Office Figures Q1 2023

May 26, 2023 3 Minute Read

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New office completion volume has declined to 157,000 sq m in CEE-5 capitals, 253,000 sq m in total CEE (including Baltics-3 and SEE-4).  Total new delivery is down by 44% in CEE-5, whereas development activity increased considerably both in Baltics and across SEE. There hasn’t been any new completion registered for Ljubljana, Zagreb, and most notably for Warsaw in Q1.