
Spotlight: EME Office Value Analysis – Q1 2023
"Seven European markets now move into fairly priced territory as prime yields shift out"

"Seven European markets now move into fairly priced territory as prime yields shift out"

"4.6 million sq m of new European office space to be delivered this year"

"European office occupancy rates continue to rise"

"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"

"The European gaming sector is primed for revenue growth of 8% per annum over the next five years, driven by rising user growth, digital adoption, corporate investment and a competitive developer landscape"

"A significant proportion of European office stock is at risk of obsolescence based on the EU’s proposed Energy Performance of Buildings Directive"

"European occupier demand intensifies for the best space as prime rents rise by an average 5.5% YoY"
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"European prime office yields move out by an average of 40 bps since Q1 2022 due to rising risk-free rates"

"European occupiers are opting for flex space in order to attract staff back to the office"