A market report soon to be published by property advisor CB Richard Ellis shows that occupier demand for office space in Europe continued to grow in the third quarter of 2007. Aggregate leasing for the quarter stood at 2.5 million m2, the third successive quarter in which it topped 2 million. The figure notches up this year’s total to 7.5 million m2, an increase of 10% over 2006.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
