Discover the new working environments of Eurogroup, the Issy-les-Moulineaux Administrative Centre, leboncoin, AXA, OECD, Ricoh and our own offices in Lyon by downloading Book Colliers #5.

Colliers launches brand refresh built to own the blue for years to come

Across six markets Denmark, France, Germany, Spain, Poland and UK

Prior to the COVID-19 pandemic, a common and generally acceptable opinion of the office space and work from home, among many companies and office space users, implied that offices represented a place of work, productivity and gathering of employees, while work from home was not introduced at all as a standard way of working. If so, it was used only by a small percentage of employees as one of the benefits that international companies offered.

European investment volumes witnessed a strong bounce back in Q4 2020, with key markets witnessing improving liquidity and the return of global capital sources. Investment into Direct European real estate reached €252 billion for the full year, a 25% fall on 2019, but the figure masks a range of different performances across countries.

Demand fell considerably in 2020, with take-up volumes down -38% y/y, but some significant transactions completed towards the end of 2020 driving a 16% growth in Q4 take-up (q/q). With cooling demand and the completion of several new schemes across markets, EMEA’s average (weighted) vacancy rose to 6.8% by year-end, from 5.5% a year earlier.

Our latest office maps depict a continued shift toward neutral and tenant friendly conditions. By the end of 2020 tenant friendly markets had increased to cover 44% of markets, from only 15% a year earlier.

Our latest office maps depict a continued shift toward neutral and tenant friendly conditions. By the end of 2020 tenant friendly markets had increased to cover 44% of markets, from only 15% a year earlier.