Spotlight: European Office Value Analysis – Q1 2024
European office yields begin to stabilise during Q1 2024
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European office yields begin to stabilise during Q1 2024
Read nowSavills presents the Portugal Real Estate Market Overview | Q1 2024, providing you a detailed analysis of the performance of the national real estate market during the first quarter of the year.
Read now"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."
"We expect investment activity to remain subdued in Europe until the second half of the year when the economy will slowly start to pick up"
"According to Savills, real estate investment volumes in southern Europe (Spain, Portugal and Italy) reached a record high of €31.7bn in 2022, a 36% increase on the previous year."
"Bright spot found in southern Europe"
"2022 European office take-up reached 2% above the pre-pandemic average"
"Europe and Middle East office capital values adjust by 18% since Q1 2022"
"In an update to Impacts, its global research programme, the international real estate advisor says that it expects investment activity to rebound in the second half of 2023, as the economic outlook improves, and to normalise in line with long-term average levels"
"The European gaming sector is primed for revenue growth of 8% per annum over the next five years, driven by rising user growth, digital adoption, corporate investment and a competitive developer landscape"