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Research

Report

Office Market Report Brussels 2014


  • ​Take-up in Q4 2014 increased by 79% y-o-y to 112,256 sq.m. Full year take-up is therefore 418,600 sq.m., 27% more than in 2013. 
  • Vacancy was unchanged at 10.3% but slightly increased in the CBD due to speculative completions.
  • Prime rents were down on a yearly basis to €275 / sq.m. / year.
  • Investment volume in Belgium in 2014 reached the 7 year high of € 3.3 bn, 46% higher than in 2013.
  • Prime office yields are confirmed at 5.75% in CBD locations.  

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