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"2024, the turning point for transactional activity"
"As European investors await ECB rate cuts, preliminary results show the Q1 investment volume declined by 12%, though the investment curve is now showing signs of stabilisation"
"While not immune from global events and trends outside its borders, Monaco continues to punch above its weight, maintaining its position as the world’s most expensive prime property market in 2023"
"There is a renewed sense of optimism in commercial real estate markets, underpinned by more than the simple exuberance that often accompanies a new year"
"In spring last year, many market players expected a turnaround in the property investment market if the ECB did not raise interest rates any further. After three ECB meetings without such an interest rate hike, these expectations have not been fulfilled."
"2023 was a year to forget for commercial real estate, but there are reasons for optimism in the logistics market"
"Is a switch to more accommodative monetary policy imminent, or will geopolitical events delay cuts?"
"Despite a sharp fall in 2023, take-up is still outperforming its pre-pandemic levels"
"There are signs of momentum building in the investment market"
"Will Europe reclaim its throne in 2024?"