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.