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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"
"2022 European office take-up reached 2% above the pre-pandemic average"
"European occupier demand intensifies for the best space as prime rents rise by an average 5.5% YoY"
"The answer lies in an understanding of what occupiers want from their offices"
"The role that a refurbishment can play in the delivery of quality workspace is becoming more important."
"Central London office take-up predicted to reach 8.2 million sq ft in 2022 as most occupiers look to maintain or add space"
"Demonstrating how a space will look makes for a more positive viewing experience."
"Could finishing an office to shell and core, with a landlord contribution. become the norm? "