Global Office Real Estate Review 2009 : In the face of a global economic downturn, office markets around the world posted decidedly weaker results at year-end compared with just six months prior. All regions of the world are now experiencing recession, or recessionary like conditions and as a result demand for office space is substantially reduced. In particular, the United States, Japan and much of Europe are key sources of weakness. At midyear, office markets in a limited number of key financial cities were the only markets reporting sluggish growth, however, weakness has now extended to almost all cities and all regions.

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2010