Twelve months from now, 47% of markets surveyed expect further uplift in prime CBD rents, namely London – West End, Amsterdam, Berlin, Dublin, Paris, Munich and Stockholm. This is a 17% increase compared to our year-end forecast, coinciding with the broader recovery of the economic and real estate market. In contrast, just 5% of markets expect further downward pressure on prime CBD rents over 2022 – notably Warsaw, Helsinki and Vienna. The remaining 47% of markets expect prime headline rents to remain stable but will be largely supported by incentive packages.
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