您的浏览器禁用了JavaScript(一种计算机语言,用以实现您与网页的交互),请解除该禁用,或者联系我们。 [戴德梁行]:2025 年上半年欧洲写字楼市场更新报告 - 发现报告

2025 年上半年欧洲写字楼市场更新报告

房地产 2025-09-10 戴德梁行 阿丁
报告封面

H12025 KeyTakeaways Cf" ce lecsin mcintuined ts upwuro trajectorywi:li t/he VOLUME OF SPACE LET IN H1 2025 UP1.7% QN A YEAR AGO Prsilivu Lrelid obseve:roll an alnue:I tbun: s.4 Prirne off ue renal grewth rer*vained rvcJrst u.4.2X Dil. OFFICES SAW A HIGHER SHARE OFMARKETS REPQRTINGANNUAL GROWTHI nide lin'g Ulr: delf <:I -ccivery. VACANCY FELL IN Q2 2O25. POTENTIALLYMARKING AN INFLECTION POINT. F:vI "l GI'it;; invil )nl d(:livi.y i>, inr(rng. CNETHIRD OF MARKETS REPORTED AN INWARDYIELD 5HIFT IN H1 2025, mcr:: 1iar gis lic:s. s.utls> spac.: mighl t: ivr.6 Fram a aak or conln.kon, nis yca',COMMITTED OFFICE DEVELOPMENTS AREFALLING. . h ighcr nara of spaca nccrconstrt.ct cn Is pre-lat.7 Landcis ara I'o.atin nack to cf- e snaca asCoIfick:ncc: re:urns. LOAN5 UP TO 6O% LTV ANDMARGIN5 5UB 2D0BP5 :cl even we* II' cec t es EUROPEANOFFICE EconomicIndicators Gircwti 'n th Fuio Arna ranairan positiv in t?first nalf af tho ycar, Mos: I':ant clata pclrts to amarginal waakcningj. ci3= girow .1% in c22. cownfrom (2.6%; 1n 1, w tln rowtl slaw1ng rcm 1.>%; Y/In c" to 1.4% in c22. CGrcath n Poru-=l ard sipa nM.If panpqns . "%z .ga 1 sno eio semreported in largjer ecicmias o=I ranc ardUerrany su c 1x; Y,/Y In C2. Elsewhere. $:rowthslowecl in tr= UK t an estimatecl 1.2; Y/y in G2.We nave seen solicl rowth in Czech a and μol ncl(>2% year on year) in G2. Wider geeclitica uncerteinty ndl cus.ions over arede clea w tn the Ls held boeck arowth ir Hl wtnc rae deu now reec, u beit at nigner levels. tnegreu.er certair't shuilcl of"er u pltforn to moveforward. Service: secor Ml ccnt nule's to cispluy w rates g"exallsion. Reorl reuding: [- Ine Eurg Areul 'owup>ward rnuurlun i Junu un J.ily. Tic UK 'ssl::; l,. Ursur:; 2yne, rales rconlinuc: lk shw rirginal fe:llsc'nd sil a, thui. kiwt krv; 1ir ovr, idi. TlicFur(1 Ar:a 1,1c1plkct3 1:nl ral : 5.:l al F.7% in .l,nc7035, 11r:Iang×l ( I: [>rvi. r(:rl '. nllalin n Ih> Furi Ar:a a s rmin, s.atilk: mclwitin targl rans. Th rrrosit a.n r:mair; al >xAUE [UE UEA_ II %I'S IOUhut mag na ly abav? In thn Nehc: ancs ald nartsor Sclhcr Euraco. licilnar levals, ar: als bsavacelsew ncre in tne UK nd somo C:LL marlig (rpkr.ales 'ac 2 clesirc Ii>r Gr id; AS>n. vailati i.y rdons nol :Iw ys 1na.i:l- I(:dnar: >r'k Ov(:r h: ! Iwl-r>nl hI> '( :>[> s )) II 6E ,s ; I sA )1%) n thn samc :rxl a ynar agio. In ntrastIaasing tar Non-A spacn was Marginally -Jp(10.3%). Iha trard *eflects tha wider das re n Manyj u Du seel uo snc. ot sece >.Iea'ounc tlhe coe CBL, Itlel tl"an ottsicle h?Core. Uccuple*s are wlling ta .el2asin1 n the perid c2. 20z4-c222025 c0mparecl with c2.s 2)2.-22024. Praue =lso posted 'owtl (Y/y)el.eu eireI=wer ir -1 25 ve*s.Js -1 24. A rumber o key markets posteoqrcwth or ch a an nuslsed basis2 "cl for he firs: ha f cf 2025 f no.eran