Savills Portugal | 2025 - Station Locations Report

Read about the growing relevance of public transportation for office locations

Occupiers increasingly want easily accessible office buildings, which has accelerated since the COVID-19 pandemic. Remote work has led to a variety of hybrid working patterns. Major demographic shifts linked to urbanisation have prompted businesses to concentrate on larger markets that attract younger, highly educated workers, benefiting city office markets such as Amsterdam, Eindhoven, The Hague, Rotterdam, and Utrecht, collectively known as the G5 markets. Consequently, companies are prioritising office spaces that are easily accessible for a generation of workers seeking easy commutes to well-located and amenity-rich workplaces.

Key findings:

There is a growing demand from occupiers for offices near railway stations and major transport hubs.
Occupiers prefer offices near their customers, influenced by factors such as access to skilled labour, traffic, and convenience.
Take-up has been higher in station locations compared to non-station locations. An office located 5km from a station, for example, might expect a lower average take-up of 700 sqm.
These locations attract higher rents than properties in other areas. Offices near train stations command average rent premiums of 30% compared to similar properties elsewhere.
We expect stricter environmental regulations to further contribute to a shortage of top-quality buildings in the most sought-after locations in the G5 office markets, Amsterdam, Eindhoven, The Hague, Rotterdam and Utrecht.
We expect proximity to major transport hubs like train stations will increasingly influence businesses’ location choices and ultimately affect investor demand.