Research

Brussels Office Market Research Report Q1 2020

COVID dominates the headlines

 

  • Severe drop of take-up in Q1, but some strategic occupier transactions are signed.
  • Vacancy at two decade lows, the market is much sounder today than what it was before the financial crisis 12 years ago.
  • Stability of rents overall, except in North (+10%).
  • The capital markets activity is supported by the sale of the Finance Tower. No change in yields.

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