Spotlight: European Office Investment – Q3 2026
Average European prime CBD office yields move out by 13 bps in response to higher bond yields during Q3 2026
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Average European prime CBD office yields move out by 13 bps in response to higher bond yields during Q3 2026
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Strong wealth proposition and lifestyle provisions drive EMEA locations across the index
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"Over the last ten years, the changes within the super prime new build market can be summarised with three key Ws – the Who, the What, and the Where"

"Starting with Jane Austen and ending with Emily Brontë, Kelcie Sellers of our World Research team takes inspiration from the world of literature in putting the prime residential markets of London into a global context"
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"Amid a myriad of unique challenges across different global markets, mid-size and large international law firms are adjusting growth plans, office locational strategies and legal renumeration approaches. "
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"US cities accounted for 69% of overall legal leasing activity in the world’s largest legal markets, reflecting the dominance of American firms in the sector overall, as well as the tendency for US legal offices to have a lower occupancy density."

"Globally, the majority of the legal sector is maintaining the same or equivalent square footage when renewing their leases or relocating. Just under a quarter are increasing space, and approximately a third are consolidating to smaller footprints. "
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"Legal occupiers looking to attract and retain top talent, drive performance, and prioritise ESG requirements are demanding premium space that provides vibrant employee experiences and positive environmental impact. "
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"With legal occupiers investing heavily in high-quality offices, effective space utilisation is key to successful real estate strategies. In the last year there has been a trend to formalise hybrid working policies firm-wide."
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"Legal occupiers are adapting to hybrid working patterns with more flexible, tech-enabled office designs that support modern ways of working. Whilst there is regional variation, the majority of firms today are dedicating more area to multi-purpose shared spaces, which can be used for team-wide meetings, collaborative tasks, or client-facing events. "
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"International expansion of US firms has had a profound impact on legal salaries across the globe. US practices represent the top of the market in lawyer renumeration in all the legal markets we analysed. "
