Take-up of office space in Europe 2024, by city
Paris exhibited the strongest demand for office real estate in Europe in the 12 months rolling to the second quarter of 2024. Office take-up in Paris for the period measured nearly 1.9 million square meters of floor space sold, let, pre-let, or pre-sold. Warsaw and London City had the second and third-highest volume. Demand for offices plummeted following the COVID-19 pandemic. Despite an improving outlook, office real estate take-up in the first half of 2024 remained below the pre-pandemic levels.