Spotlight: European Office Outlook
Southern Europe office demand outperforms as European vacancy rates begin to stabilise
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Southern Europe office demand outperforms as European vacancy rates begin to stabilise
Read now"The narrowing availability of prime stock is putting pressure on office leasing across European markets"
"2022 was marked by challenges, with the macroeconomic context exerting greater pressure on the market."
"When compared to the same period of 2022, the property investment market fell 10% to 234 million euros"
"Seven European markets now move into fairly priced territory as prime yields shift out"
"4.6 million sq m of new European office space to be delivered this year"
"According to Savills latest research, 4.6m sq m of office space is expected to be delivered across the 21 European markets. "
"Multiple measures and policies by European countries limit the impact of the energy crisis"
"2023: the watershed for data centre water usage"
"European office occupancy rates continue to rise"
"Lisbon Office Market with slow start to the year and Porto Office Market begins recovery."