Savills Prime Office Costs

"Prime office occupiers will continue to see rising overall costs in 2026, as take-up is set to increase in many markets"

"Prime offices across our 40 global cities had modest cost growth of 0.7% in the second quarter of 2025 — on average, bringing year-on-year (YoY) growth to 3.4%."

"Our Market Makers report series analyses the top 10 largest office deals by transacted space, across 35 global markets"

"Modest net effective cost growth this quarter closes out the year as 2025 looks to see continued demand and strength in prime office markets globally"

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

"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"

"European office yields remain stable at 4.9%, as pricing expectations begin to align"

"Prime office rents in major cities around the world have risen 3% in the past year, while significant premiums have emerged for top-tier space over the wider Grade A market"