
Spotlight: European Office Investment – Q2 2026
"Prime office yields stable at 4.9%, underpinned by competitive debt and resilient occupational markets."
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"Prime office yields stable at 4.9%, underpinned by competitive debt and resilient occupational markets."

"European office markets remained resilient in Q1 2026, with take-up broadly in line with recent trends and vacancy stable at 9.4%, while a sharp decline in future completions points to tightening supply and rental growth."

"European office demand held steady in 2025, with vacancies at 9% and incentives tightening, and take-up forecast to grow 3% in 2026."

"European office investment set for 2026 rebound"

"Appetite for larger lot sizes gradually increases"

"European office Q2 take-up rises 10% year on year"

"Average prime European office yields compress by 5 bps during Q2 2025, driven by core Western European markets"
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"Rents and occupancies continue to rise steadily in Q2/2025. Strong demand and healthy pre-leasing activity suggest that the significant new supply in 2025 and beyond will be absorbed with little difficulty. As prime assets continue to see strong take up, the spotlight is now on whether demand can extend to less accessible and older buildings especially through value-add repositioning."

"2026 European office development completions set for ten-year low, supporting prime rental growth prospects"

"European prime office yields compress by an average of 3 bps during Q1 2025"