Spotlight: European Office Outlook – Q2 2024
Q2 2024 European office take-up increases 9% YoY as office occupiers resume leasing activity
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Q2 2024 European office take-up increases 9% YoY as office occupiers resume leasing activity
Read nowMany companies try to encourage employees to return to the office by investing in the improvement of the space available to them
Read now"Legal occupiers are adapting to hybrid working patterns with more flexible, tech-enabled office designs that support modern ways of working. Whilst there is regional variation, the majority of firms today are dedicating more area to multi-purpose shared spaces, which can be used for team-wide meetings, collaborative tasks, or client-facing events. "
"International expansion of US firms has had a profound impact on legal salaries across the globe. US practices represent the top of the market in lawyer renumeration in all the legal markets we analysed. "
"Savills European Real Estate Logistics Census outlines the challenges and opportunities facing Europe’s logistics occupiers, developers and investors"
"Leasing activity recovered in the second quarter of the year, but weakness in Q1 led to a lacklustre first half of the year"
"Economic conditions continued to improve in Q2 2024, with both the occupier and investment markets seeing quarterly growth, likely as a result of brighter outlooks"
"Economic forecasts are trending upwards supported by rising incomes and growth in private consumption"
"Investment volumes continued to trend upwards in Q2, driven by greater consumer confidence and falling interest rates"
"Investor interest surges as the lines between hospitality and residential blur"
"European office yields remain stable at 4.9%, as pricing expectations begin to align"
"Q2 2024 European office take-up increases 9% YoY as office occupiers resume leasing activity"