Spotlight: European Flexible Offices – Autumn 2023
Operators increase occupancy rates before further expansion expected in 2024
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Operators increase occupancy rates before further expansion expected in 2024
Read now"With Europe’s economy continuing to struggle it’s increasingly clear that any sustained recovery in the occupier market is unlikely to begin until 2024. With that said, leasing activity is in line with its pre-pandemic levels, and we have seen a slight uptick in investment volumes this quarter. With interest rates expected to peak in late 2023, we may start to see further activity as prices stabilise"
"Savills European Real Estate Logistics Census outlines the challenges and opportunities facing Europe’s logistics occupiers, developers and investors"
"Operators increase occupancy rates before further expansion expected in 2024"
"Professional and business services drive European office take-up in H1 2023"
"French investors are increasingly active in Spain, the UK and Italy. Recent developments indicate a northward shift in their focus, notably targeting the Netherlands and Ireland"
"There were also only a few transactions on the German real estate investment market in August."
"Our latest quarterly reviews of global office and logistics capital markets explore the appetite for deal-making across key EMEA, North America, and Asia Pacific markets, amid a challenging macroeconomic environment"
"Capital markets are largely subdued. Office investment volumes remain suppressed as market conditions continue to support a wait-and-see approach from many investors. Negative sentiment in the US is spreading globally, weighing on investor appetite for offices, irrespective of the occupational backdrop"
"The US office sector remains the problem child of global commercial real estate"
"Rasheed Hassan, Head of Global Cross Border Investment, shares his views"