The area has been designated for use as one of the City’s new business district.i. Office market trends: in the first stage of analysis of the office market, it involves forecasting of the macroeconomy and analysis of the changes occurring at each and every sector. It is important that one take into consideration the future macroeconomic aggregates such as Gross Domestic Product(GDP), interest rates, inflation, net trade and employment growth.ii. Service sector trends: the service sector is composed of organizations both in the private and public sectors who are usually the main users of office space.
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