Tag: Europe office market
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...
European office vacancy rates increase to 5.8% in Q2 2020, says...
European office vacancy rates increased by an average of 30bps to 5.8% during Q2 2020, according to the latest research by Savills. However, office vacancy...
Moody’s : European office real estate sector faces more long-term exposure...
While the coronavirus pandemic's immediate impact on the credit quality of European office real estate sector has been limited, the longer-term effect on demand...
Hines buys Allianz Karlshoehe office portfolio in Stuttgart CBD
Hines has acquired the Karlshoehe office portfolio for more than €300 million on behalf of its Hines European Value Fund (HEVF) in Stuttgart CBD....
