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The wave of new supply changed the balance of power in the office market. At the end of Q1 2022, for the first time, the total supply of modern office space in 8 major regional markets exceeded the level of stock in the capital.

Investor interest in commercial real estate in EMEA continued to recover as property is a hedge against prices

Extensions, modernisations and reconstructions, new mixed-use projects | A boom in small cities and low activity in other markets | Demand generated by discount and off-price tenants