Savills Office Market Overview | 2025

Savills is pleased to share the latest insights from Savills on the performance of the Portuguese office market in Q1 2025

Lisbon:

·  Office take-up reached 16,259 sq m this quarter.

·  Prime CBD rents remained steady at €29/sq m/month, showing a 4% annual increase.

·  Competitive rents and international appeal continue to position Lisbon as a leading destination for global companies.

Porto:

·  Q1 take-up reached  16,259 sq m this quarter.

·  The Expansion Zones stood out as the most dynamic areas

·  The city´s development pipeline now stands at approximately 110,000 sq m