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The office market has shown a consistent dynamism in recent years. Portugal’s growing international visibility, low labour and living costs, the consolidation of creative and technological centres and the generalised climate of security have benefited the attraction of companies to the national market.
More and more speculative projects have been developed, a sign of the optimism of developers in this sector and the high take-up supported by companies that are mainly technological, financial and supportive of others. Rents have
sustained growth, namely in the most central areas of the Greater Lisbon market where demand has been concentrated.
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Source: WORX | LPI