Office leasing

"Savills Research explores the key themes impacting European office occupational and investment markets"

"Q3 take-up figures provides air of positivity with take-up highest since pre-Covid"

"Quarterly take-up the highest it’s been in three years"

"Rental declines were milder in Kowloon with vacancy gradually absorbed after the aggressive rental adjustments of late last year. "

"Rents for well-located and newer offices are likely to remain stable while older offices with poor accessibility will struggle. This trend is expected to continue to soften the overall market as a result, although there are some signs of recovery."

"Acceleration in yield compression"

"Summer sees an uptick in activity as take-up, under-offers, and active requirements are all on the rise"

"July sees highest monthly take-up since before the pandemic"

"Europe's economies will take until 2022 to fully recover"

"Savills expects prime rents in Birmingham city centre will continue to rise, reaching £40 per sq ft over the next three years"