
Spotlight: European Office Outlook
"European occupier demand intensifies for the best space as prime rents rise by an average 5.5% YoY"
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"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"

"Occupational office markets remain robust, but prices and transaction volumes are falling, with a likely quiet quarter ahead"

"Rising costs remain and green shoots appear"

"Ongoing uncertainty remains a key driver of office market pricing"

"Global differences and complexities around ‘green’ office space requires local knowledge"

"London and Top 7 German office markets remain most attractively priced"

"Rising interest rates and debt costs continue to put pressure on yields"

"Leasing activity remained strong, with occupier demand for best-in-class space continuing to drive transactions despite economic headwinds"

"The combination of increased volatility and higher interest rates is weighing on investment volumes, and current pricing is being challenged by the deteriorating economic outlook"