Spotlight: European Office Development
Rising construction costs squeeze developer margins, but rental growth outlook remains positive
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Rising construction costs squeeze developer margins, but rental growth outlook remains positive
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"Average prime yields at their lowest since March 2020"
"Perfect storm for costs and timescales"
"Yields continue downward trend"
"Record levels of take-up, and supply falling at its fastest ever rate"
"Vacancy rate remains constrained at 3.95%"
"Strong levels of take-up leaves just 0.34 years' of supply"
"Vacancy rate now 5.03%, down from 10.31% a year ago"
"Vacancy rate falls further, hitting 3.37%, the lowest level ever recorded"
"Vacancy rate just 2.90%; 0.28 years’ worth of supply in the market"
"H1 2021 take-up reached 1.1m sq ft; incentives reduce"