Skip to main content Skip to footer

EMEA Office map – occupier conditions | Q4 2021

Download Report Download Report
EMEA_maps_socials_Offices_hero_1536x1040

Our latest EMEA occupier conditions map shows 44% of markets are tenant-favourable.

Our latest Q4 2021 office map depicts 44% of markets are tenant-favourable, and the outlook to Q4 2022 is almost identical at 43% of markets. Landlord-favourable markets are expected to diminish to 11% over the same period (down from 16% in Q4 2021) as they convert to neutral conditions.

This points to 2022 being the year of rebalancing as neutral markets (46%) leapfrog tenant-favourable markets (43%) which have held sway over the last 15 months. 16% of markets recorded growth in Prime CBD locations, against a backdrop of low availability, particularly for best-in-class stock. Download our Office occupier conditions map below.


EMEA_maps_socials_offices_1024x972

EMEA Office map – occupier conditions | Q4 2021

Download Report Download Report
Related Experts
United Kingdom

Damian Harrington

Head of Research

London - West End

Damian Harrington is a Director and Head of Research for both Global Capital Markets and EMEA at Colliers. He has over 20 years of experience in the real estate industry living and working from various locations across EMEA including London, Dubai, Prague, Helsinki and Amsterdam. Damian is responsible for producing research for internal and external clients. His expertise helps to provide clients with global capital market trends and analysis, and connects them with strategic and actionable insights, such as the changing nature of global capital and the impact on global capital flows. Damian has produced numerous research papers and generated analysis of markets across all asset types - from residential to offices, retail to logistics and hotels to niche sectors such as life sciences, air cargo and data centres. Damian is a member of the EMEA location strategy team and a key member of Colliers ESG focus group.  He speaks regularly at internal global conferences, external industry events hosted by GRI, ULI and other key industry bodies, plus key annual events such as MIPIM and EXPO REAL.

Damian holds a Masters degree in European Property Development and Planning from University College London, a BPI Bachelor of Planning from the University of Amsterdam and a BA (Hons) in Town and Country Planning from Manchester University. He is also a qualified surveyor, holding an MRICS with the Royal Institute of Chartered Surveyors.

View expert
United Kingdom

Istvan Toth

Director

EMEA Headquarters, London

I've been in the real estate industry since 2005 and joined Colliers as a data scientist in their EMEA research team in 2018. In my career I have worked across the various property sectors and I have viewed at the markets from both the occupational and investment perspective. Having obtained a widespread understanding of the European property markets, I am currently focusing on making sure to transform raw RE market data into meaningful and forward thinking analyses and reports.

"Data powers everything that we do."

View expert
United Kingdom

Peter Leyburn

Head of Enterprise Clients

EMEA Headquarters, London

Peter is Head of Enterprise Clients, Occupier Services EMEA. He is focussed on ensuring Colliers' Occupier Services enterprise clients are receiving best-in-class solutions to manage their organisations and portfolios.

He is responsible for ensuring service excellence including account growth, setting direction on account strategy & innovation. He leads the programme to hire, grow and develop our Account and Transaction Managers.

In addition, Peter is also responsible for leading Colliers EMEA Cross Border Tenant Representation, coordinating the in-country Tenant Rep teams to deliver multi-market solutions to our occupier clients.

Peter is a senior member of Colliers Global Tenant Advisory Council and maintains close working relationships with key Colliers occupier focused teams across all global regions in order to seamlessly connect clients, advisers and brokers.

 

View expert
United Kingdom

Andrew Hallissey

Executive Managing Director – Occupier Services, EMEA

London - West End

Well respected within the industry, Andrew is an Executive Managing Director with over 20 years of global experience within Corporate Real Estate. Andrew has a wealth of knowledge having advised dozens of Fortune 500 companies throughout the world on developing real estate transformation solutions.

As Executive Managing Director of EMEA Occupier Services.  Andrew drives strategy, client service delivery and spearheads the growth of Colliers’ occupier business within the EMEA region.

Andrew leads integrated service delivery for all occupier clients specialising in corporate real estate services, portfolio strategy, transaction management, brokerage, lease administration, project management, workplace services, and facilities management outsourcing advisory across the EMEA region.

Prior to joining Colliers, Andrew worked for CBRE where he has held senior leadership roles within their Global Workplace Solutions business in Chicago, Hong Kong, New York and London.  He has gained extensive global experience advising large corporations on their global real estate organization and strategy over the last 18 years, having worked across EMEA, North America and Asia Pacific.  Andrew also currently serves on the global board of directors of Corenet, the leading global association for the corporate real estate profession.

He has lived and worked internationally and has a deep understanding of the cultural and regional challenges within a global organisation.
 

View expert