In 2022, the the value of real estate transactions in the European office sector fell to the lowest value recorded in the past five years. At approximately 93 billion euros, this was a contraction from 2020 levels, when the coronavirus pandemic brought the global economy to a standstill and forced companies from various industries worldwide to embrace hybrid work. The United Kingdom - the largest office market in Europe - saw about 22 billion euros' worth of investments in the sector. Despite the decline in many countries in 2022, in Belgium and Ireland investments doubled.
Office real estate transaction volume in selected European countries from 2018 to 2022
(in billion euros)
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Office real estate transaction volume in selected European countries from 2018 to 2022
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Catella. (February 14, 2023). Office real estate transaction volume in selected European countries from 2018 to 2022 (in billion euros) [Graph]. In Statista. Retrieved February 20, 2025, from https://www.statista.com/statistics/1175881/transaction-volume-office-real-estate-by-country-europe/
Catella. "Office real estate transaction volume in selected European countries from 2018 to 2022 (in billion euros)." Chart. February 14, 2023. Statista. Accessed February 20, 2025. https://www.statista.com/statistics/1175881/transaction-volume-office-real-estate-by-country-europe/
Catella. (2023). Office real estate transaction volume in selected European countries from 2018 to 2022 (in billion euros). Statista. Statista Inc.. Accessed: February 20, 2025. https://www.statista.com/statistics/1175881/transaction-volume-office-real-estate-by-country-europe/
Catella. "Office Real Estate Transaction Volume in Selected European Countries from 2018 to 2022 (in Billion Euros)." Statista, Statista Inc., 14 Feb 2023, https://www.statista.com/statistics/1175881/transaction-volume-office-real-estate-by-country-europe/
Catella, Office real estate transaction volume in selected European countries from 2018 to 2022 (in billion euros) Statista, https://www.statista.com/statistics/1175881/transaction-volume-office-real-estate-by-country-europe/ (last visited February 20, 2025)
Office real estate transaction volume in selected European countries from 2018 to 2022 (in billion euros) [Graph], Catella, February 14, 2023. [Online]. Available: https://www.statista.com/statistics/1175881/transaction-volume-office-real-estate-by-country-europe/
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