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With stunning speed, the effects of the crumbling US economy are beginning to spill over into Europe. The businesses which have driven the boom in European office development over the past decade are now considering retrenchment. How has the slowdown affected Europe's key office markets and which are best positioned to withstand the downturn? But even without the threat of a recession, there are challenges for investors in Europe's office markets; occupier appetites for office space show clear cultural preferences, while planners grow increasingly preoccupied with environmentally sustainable development.
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