The Grade A office market - 5 years to change the game

Savills is pleased to share key takeaways from our latest research on the Lisbon office market: “The Grade A office market - 5 years to change the game”.

Demand for modern, sustainable workspaces continues to rise, yet only 15 - 20% of Lisbon’s office stock currently qualifies as Grade A. This imbalance is driving rental growth and opening up significant opportunities for asset repositioning and refurbishment.

Key-Highlights:

·  There is strong potential to reposition Grade B assets to meet current market demand.

·  Strong occupier demand for energy-efficient, tech-enabled buildings.

·  Prime rents for Grade A offices in central zones reach €35/sq m.

·  Occupier demand is increasingly focused on energy-efficient buildings with strong connectivity and user wellbeing.

This dynamic reinforces the need for future-proof, ESG-compliant buildings to meet tenant expectations and long-term investment goals.