
Spotlight: European Office Value Analysis – Q1 2025
"European prime office yields compress by an average of 3 bps during Q1 2025"
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"European prime office yields compress by an average of 3 bps during Q1 2025"

"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"

"Build costs increasing in line with inflation"
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"Legal occupiers looking to attract and retain top talent, drive performance, and prioritise ESG requirements are demanding premium space that provides vibrant employee experiences and positive environmental impact. "

"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"

"Our analysis of the top 10 prime office occupier deals by size across global cities shows that expansions and renewals still dominate activity, in spite of rising costs and broader economic uncertainty. Tech remained the top industry by deal volume, followed by finance."