"A significant proportion of European office stock is at risk of obsolescence based on the EU’s proposed Energy Performance of Buildings Directive"
European office market
"European occupier demand intensifies for the best space as prime rents rise by an average 5.5% YoY"
"European prime office yields move out by an average of 40 bps since Q1 2022 due to rising risk-free rates"
"We anticipate the end-year volume to range between €275bn and €280bn. Sheds and Beds will remain the preferred asset classes as in both sectors, a structural supply and demand imbalance is favouring rental growth"
"European occupiers are opting for flex space in order to attract staff back to the office"
"London and Top 7 German office markets remain most attractively priced"
"Rising interest rates and debt costs continue to put pressure on yields"
"European office occupancy rates continue to recover"
"Preliminary results suggest that the total investment volume for Q2 will reach slightly less than €60bn"
"Stabilising vacancy rents continue to support rental growth across European cities"