Published at: 2009-01-01 12:00 | Author: CIJ Croatia
A closely watched storm is about to hit Zagreb. The onslaught of office supply comes as no surprise, but it will be a learning experience for landlords used to occupying the drivers seat.
Seasoned observers of Zagreb's office market saw it coming a couple years ago, but the scale of what's about to happen in the Croatian capital is still unprecedented. Currently the city offers roughly 300,000 sqm of modern office stock; the development pipeline is bulging however with around the same volume. Just to make it a bit more exciting, up to 200,000 sqm of this new space could come online by the end of the year. It's a safe assumption that the cozy 5 percent vacancy rate...

Similar Stories:

Ożóg Tomczykowski leases 830 sqm at Nowogrodzka Square
The Ożóg Tomczykowski law firm has leased 830 sqm at the Nowogrodzka Square office build  »
CBRE: Trigea Czech Real Estate Fund has bought its first real estate in Prague
Trigea Real Estate Fund has acquired the attractive Louvre office building in Prague 5 to  »
Velvet CARE extends lease at Skylight in Warsaw
Velvet CARE has extended its office lease at Skylight in Warsaw. Cresa represented the man  »
Colliers International to manage Lastadia Office in Szczecin
Colliers International has taken over management of Lastadia Office in Szczecin. The inves  »
With demand for modern office space in Athens growing on a daily basis, developers and inv   »
HB Reavis broke into the big leagues by being aggressive on rents, building office space t   »
How would you describe the tenant mix at Mindspace? Co-working is a solution that takes i   »
You’re part of the HB Reavis group, which is an increasingly powerful player in office d   »