Research

OFFICES - Brussels Office Market Research Report -
Q1 2022

Energy prices as catalysts for future growth

April 26, 2022

Contributors:

Pierre-Paul Verelst

Slow start of occupier take-up, but the transaction pipeline is promising. With the raise of energy prices as a catalyst, a large number of "big office occupiers" is analyzing its strategy, which will result in renovations and/or moves.

Lower vacancy in Q1 due to transactions and planned renovations of vacant properties.

Prime rents seen stable in the short term, possible increase in the medium term in new projects.

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