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Vilnius Office Outlook, 2020 Q4
While nobody rushed to predict what 2020 would bring for the office market, the year ended better than expected. Take-up of office space exceeded the five-year average and surpassed 100,000 sqm. At present, a compressed-spring effect is still felt in the office market, as decisions on office leasing needs which were delayed during the pandemic should resume in the second half of the year, the international real estate advisory firm Newsec notes.

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Vilnius Office Outlook, 2020 Q4

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