ARTICLES LABELLED WITH TAG occupancy

Passerinvest Group has published its third Non-Financial Report, among others, with details about the occupancy of the buildings, the group's supply chain and sustainable measures. 

Although many companies have announced the return of employees to corporate office spaces and are striving to achieve full occupancy, findings from Colliers’ latest survey have shown the ideal occupancy for working environments.

Immofinanz raised the occupancy level in its office standing investments by roughly seven percentage points to nearly 82% by the end of the 2015/16 financial year (as of 30 April 2016). Rentals in the office segment totalled approx. 388,000 sqm, or 29% of the total area, according to preliminary numbers. Of this total, 307,000 sqm are located in standing investments and 81,000 sqm in development projects. Roughly 40% of the standing investment rentals represent new contracts or contract expansions, while the remaining 60% are contract extensions with existing tenants.