1 minute read
EVOLUTION OF NEW SUPPLY
Leased, but empty
Apart from the new buildings, market is beginning to witness a widespread initiative impacting the stock availability. As some companies, especially big tech players, are taking to rightsizing their workspace requirements, we expect large premises to become available, usually fully furnished and equipped.
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As subleasing is not working as expected, shadow spaces are adding to the real availability on the market, meaning excess offices, under a leasing contract but not used, and ready for a replacement tenant. In such cases, a partnership with the landlord is key.
33,000 sqm
Under construction - less than 15% of the new supply announced for 2024 - 2025
Flexible – word of the day
In order to increase the real occupancy of the building, landlords are working on improving the facilities offered to their tenants and flexible working spaces is one of the ideas. Either small lounges at the ground floor or full floors, office owners are implementing their own concept, taking the opportunity to right-size their properties for the future demands of today’s workforce and reduce the real occupancy of the building.
