Brussels Office Market
2018: A year of records
Investment volume scored at the highest ever: €4.8 bn recorded, or €5.1 bn adding residential, corporate acquisitions and land sales.
Co-working has never been so strong: 71,000 sq.m. taken in 2018, more than twice as much as in 2017 and representing a 20% share in take-up.
3.6% vacancy rate in the CBD. The lowest vacancy rate ever recorded for the central districts of Brussels. All districts together, vacancy rate is at the lowest since 2001 at 7.8%.
€315 / sq.m. / year: the highest prime rent ever achieved in Brussels, average rental values for new buildings are up substantially.