
Global Occupier Markets: Prime Office Costs – Q4 2023
"Improving occupancy rates, increasing competition for top-quality spaces, and emphasis on sustainability have supported office demand over 2023 and look likely to continue through 2024"
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"Improving occupancy rates, increasing competition for top-quality spaces, and emphasis on sustainability have supported office demand over 2023 and look likely to continue through 2024"

"Take-up in Q4 2023 is the highest quarterly total since 2018, bringing the annual total in line with 2022"

"2023’s close brings boost to investment volumes"

"Savills City Investment team transacts £1.86bn in 2023 reflecting a market share of 52%"

"Mat Oakley discusses why 2024 will be a great opportunity for tactical buyers, and what sectors are likely to recover first and fastest"

"Glasgow's entrepreneurial and creative environment has ignited a surge in start-ups and tech companies, seeing 25% growth in a decade"

"November sees highest monthly take-up in four years bolstered by HSBC’s 556,000 sq ft move to the City"

"Steady stream of larger requirements provides hope for more active 2024"

"Historically low deal volume points towards continued market pricing discovery"

"£900m of deals agreed in November"