
Global Occupier Markets: Prime Office Costs – Q3 2024
"Global prime office costs have seen an increase of 3.1% from last year as demand for prime office space remains high, while densification trends vary regionally"
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"Global prime office costs have seen an increase of 3.1% from last year as demand for prime office space remains high, while densification trends vary regionally"

"Q2 2024 European office take-up increases 9% YoY as office occupiers resume leasing activity"

"Artificial intelligence (AI) has the potential to improve business efficiencies, disrupt employment markets and optimise tenant experience. In this report, we examine the potential impacts of AI on the office sector"

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

"European offices return to fair value"


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


"The average European office occupancy rate has increased from 55% in February 2023 to 57% in September 2023, behind the pre-pandemic average of 70%"



"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"


"Professional and business services drive European office take-up in H1 2023"