Global Occupier Markets: Prime Office Costs – Q1 2024
"Concessions and inducements hold sway"
Tagged Articles
"Concessions and inducements hold sway"
"In the post-pandemic era, best-in-class office space is vital, attracting talent, fostering community, and enhancing well-being. Limited prime stock and a lack of development may impact take-up levels going forward, creating investment opportunities in refurbishing secondary assets for evolving business needs"
"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"
"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"
"The expansion of Oxford’s knowledge ecosystem is set to result in another year of record take-up for the market"