Research
Antwerp Office Market Dynamics, Q1 2025
Summary and analysis of Antwerp's current office real estate market conditions.
April 17, 2025
Contributors:
- Pierre-Paul Verelst
- Steven Peeters
- Vincent Van Brée
- Alexandre De Wagheneire
A difficult start of the year with a sharp decline in take-up, returning only corporate transactions.
Vacancy remains in low territory and the situation is unlikely to change as development activity is largely non speculative with less than 4,000 sq.m. of speculative deliveries planned within the next 18 months.
Prime rents in Antwerp are maintained at €200/sq.m./year and should rise to €210/sq.m./year in the coming quarters of 2025.