
Spotlight: European Office Outlook – December 2023
"European office take-up to marginally increase in 2024, as occupiers seek the best of the best"
Tagged Articles
"European office take-up to marginally increase in 2024, as occupiers seek the best of the best"
"The average European office occupancy rate has increased from 55% in February 2023 to 57% in September 2023, behind the pre-pandemic average of 70%"
"Average prime European office yields move out by 20 bps during Q3 2023, as Berlin, Amsterdam, Madrid and Munich sit within fair pricing territory"
"Operators increase occupancy rates before further expansion expected in 2024"
"Professional and business services drive European office take-up in H1 2023"
"Europe and Middle East average prime office yields moved out by an average of 18 bps during Q2 2023 as value add investment activity will dominate in H2 2023"
"We anticipate increasing activity driven by opportunity-led investors enticed by the prospect of price adjustments, as history shows that deals pursued during challenging times often yielded superior returns in the long run"
"Green premium emerges for European CBD offices post-Covid"
"The narrowing availability of prime stock is putting pressure on office leasing across European markets"
"4.6 million sq m of new European office space to be delivered this year"