
Spotlight: European Office Occupancy Rates
"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%"
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"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"

"September sees uptick in take-up, driven by demand from Financial sector occupiers"
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"Insurance & Financial Services occupiers continue to expand footprint"

"Over 20 new sales sets hope for active Q4"

"Savills City market share stands at 49% year to date and 61% of all transactions over £100m"

"Take-up in Q3 2023 was the highest quarterly total of the year, with improved corporate leasing activity"

"Leasing activity slows over the summer, but demand from the Financial Services sector remains robust"

"Investment volumes subdued with pricing moving out"

"Data points show signs of green shoots"