
Spotlight: European Office Outlook – Q2 2024
"Q2 2024 European office take-up increases 9% YoY as office occupiers resume leasing activity"
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"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"

"The market seems to be bottoming out in terms of activity levels and pricing. European real estate investment volumes are estimated to reach approximately €44.5bn in Q2 2024, an 18% increase from the previous quarter. The investment volume for the year's first half is likely to exceed €74bn, roughly in line with H1 2023."

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

"European office yields begin to stabilise during Q1 2024"

"Will Europe reclaim its throne in 2024?"

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

"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%"