Tag: Europe office market
European prime offices to offer highest returns – AEW
European prime offices are projected to offer the highest returns of any prime sector, with an estimated 10.9% per annum over the next five...
Over 70% of office stock in Western Europe faces obsolescence by...
A new report, Rethinking European Offices: Turning Obsolescence into Opportunity, by Cushman & Wakefield has revealed that over 70% of office buildings in Western...
European office demand rises 5% year-on-year in H1 2024
European office take-up reached 1.6 million square meters in Q2 2024, reflecting a 9% rise compared to the same quarter last year, according to...
European office occupancy up to 59%, Madrid nears pre-pandemic levels
A new report by Savills shows Europe's average office occupancy rate is on the rise, climbing from 55% to 59% over the past year....
Prime office space shortage hampers demand in key European markets
New analysis from Savills has revealed a 17% decline in take-up across 22 European office markets in 2023 compared to pre-pandemic averages.
The scarcity...
Prime European office rents rise by average 5.5% YoY in Q3
European office take-up reached 2.1m sq m during Q3, in line with the five-year Q3 average, following a slowdown against the previous quarter, according...
European office investment transaction volumes reach €19bn in Q3 2022
Belgium, Ireland, Italy and Spain saw office transaction volumes in Q3 2022 at 167%, 157%, 68% and 25% above the five year Q3 average...
Munich Re, Mapfre form partnership for European core office property fund
Meag, the asset manager of Munich Re Group, has launched a new European core office property fund to invest in high-quality office properties in...
Majority office workers globally to return in Q1 2022, says new...
Approximately 40% of all global office workers have returned to the office as of September, according to Cushman & Wakefield's latest report.
The research predicts...
Savills: London, Stockholm, Manchester, Lisbon and Oslo office markets underpriced
London City and West End, Stockholm, Manchester, Lisbon and Oslo’s office markets all appear underpriced, as average yield spread between prime European offices and...
