
Spotlight: European Office Value Analysis – Q3 2024
"Tide is turning for European office investment as debt becomes accretive to returns"

"Tide is turning for European office investment as debt becomes accretive to returns"

"Rising construction costs squeeze developer margins, but rental growth outlook remains positive"

"Southern Europe office demand outperforms as European vacancy rates begin to stabilise"

"European office take-up to marginally increase in 2024, as occupiers seek the best of the best"

"Average prime European office yields move out by 20 bps during Q3 2023, as Berlin, Amsterdam, Madrid and Munich sit within fair pricing territory"

"Operators increase occupancy rates before further expansion expected in 2024"

"Europe and Middle East average prime office yields moved out by an average of 18 bps during Q2 2023 as value add investment activity will dominate in H2 2023"

"2022 European office take-up reached 2% above the pre-pandemic average"

"Europe and Middle East office capital values adjust by 18% since Q1 2022"

"A vaccine breakthrough will help tenants plan their occupational decision-making"