Skip Ribbon Commands
Skip to main content

European Office Property Clock

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ ​

Solid Q1 confirms continued improvement in European office occupier market

Despite concerns about global market fluctuations and the impending EU vote in the UK, forecasts suggest further economic recovery across Europe in 2016. Overall, we expect demand for office space to remain strong this year, with take-up in line with the robust 2015 performance. While quarterly rental growth was marginally slower compared with Q4 2015, this is not unusual for the first three months of the year and general sentiment continues to be positive.


This diagram illustrates where JLL estimate each prime office market is within its individual rental cycle at the end of March 2016
Markets can move around the clock at different speeds and directions
The diagram is a convenient method of comparing the relative position of markets in their rental cycle
Their position is not necessarily representative of investment or development market prospects.
Their position refers to Prime Face Rental Values

Prime Rent (read)

​We’re here to help

Please contact us directly to discuss any of the issues raised in this report or for more information about our research capability.​​​​​​​​​​