Friday, 10 July 2009

Settlement of offices increases in June, but rental prices drop about 10%

The settlement of offices in Barcelona has increased during the second quarter of the year, just when the rental prices in the principal zone of the city are dropping constantly up to 10% since the beginning of the year. Jordi Toboso, general director of the consultancy Jones Lang LaSalle in Catalonia, who has initiated the study, explained on Wednesday that money is beginning to reappear in the market and that something is moving forward. In addition, foreign companies have entered the market again, settling down in Barcelona and opening new offices.