Positive signs emerged in the serviced offices sector during the second quarter of 2010, according to the latest report from Jones Lang LaSalle.
The real estate firm's quarter two 2010 European Property Clock document revealed office take-up in Europe increased by six percentage points from the previous quarter and is up by 34 per cent compared to the same period last year.
Prime rental levels stabilised across the majority of Europe, with the biggest boost in rents being 13.3 per cent in London's West End, 7.1 per cent in Paris and 5.3 per cent in the City of London.
These figures could be of benefit to businesses looking for office space to rent.
Chris Staveley, head of pan-European office and industrial capital markets at Jones Lang LaSalle, said: "Signs of economic recovery are beginning to feed through into office demand, but occupiers still remain cautious."
The report comes as Hammerson predicted a period of rental recovery for central London's property market, particularly in the City, according to the Guardian.
