Global Occupier Markets: Prime Office Costs – Q1 2024
"Concessions and inducements hold sway"
Tagged Articles
"Concessions and inducements hold sway"
"There is a renewed sense of optimism in commercial real estate markets, underpinned by more than the simple exuberance that often accompanies a new year"
"Savills Prime Residential Index: World Cities monitors the performance of prime residential property across 30 global cities; tracking capital, rental and yield values. Average growth in 2023 was 2.2% for capital values, while rents grew at 5.1% on average"
"Rents outpaced capital values in 2023, with 28 of the 30 cities tracked in the World Cities index experiencing positive rental growth. Rents increased by an average of 5.1% compared to the average capital value growth of 2.2% for 2023"
"For international buyers, a property’s purchase price is only part of the cost equation"
"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"
"The prevailing narrative remains one of a normalising market that is still supported by longer-term structural tailwinds"
"Last week, the heart of Munich buzzed as 40,000 European real estate experts, and professionals converged for Expo Real 2023 to exchange knowledge and expertise and engage in discussions on the future of real estate."
"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"
"Savills has assisted buyers across the world in purchasing second homes in some of the top global locations for leisure time, and we understand the motivations for purchasing in these locations."