![*](https://blog.savills.com/_images/why-prime-and-secondary-office-rents-have-started-to-diverge(1).jpg)
Why prime and secondary office rents have started to diverge
"Prime and secondary rents for European offices have started to diverge as occupiers focus on better quality office stock. "
Tagged Articles
"Prime and secondary rents for European offices have started to diverge as occupiers focus on better quality office stock. "
"Concessions and inducements hold sway"
"Improving occupancy rates, increasing competition for top-quality spaces, and emphasis on sustainability have supported office demand over 2023 and look likely to continue through 2024"
"Prime yield moves out by 25 basis points"
"European office take-up to marginally increase in 2024, as occupiers seek the best of the best"
"Global investment volumes hit a post-GFC low in the third quarter of 2023, as both cyclical and structural concerns continue to weigh on investor sentiment"
"Rasheed Hassan, Head of Global Cross Border Investment, shares his views"
"More certainty around interest rates and borrowing costs should help to facilitate a floor in pricing for offices, and eventually a recovery in investment activity, particularly for those investors who can separate the art from the artist"
"Professional and business services drive European office take-up in H1 2023"
"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"