
Spotlight: European Office Value Analysis – Q3 2024
"Tide is turning for European office investment as debt becomes accretive to returns"
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"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"

"Is German real estate facing a Brexit-style loss of confidence?"
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"European office investment volumes remained subdued in the first half of 2024, but we should see activity pick up in the final months of the year."

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

"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."
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"Across Europe’s office markets, we’re seeing a similar trend: demand for, and lack of high quality, ESG compliant space in the top Central Business Districts (CBD). "
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"Prime and secondary rents for European offices have started to diverge as occupiers focus on better quality office stock. "