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The Swiss office market remained in good shape during the second quarter, supported by consumption fuelled economic growth. Vacancy in the key markets of Geneva and Zurich remains low, albeit modestly increasing due to the rationalisation measures adapted by many occupiers from the financial and public sectors in particular. Nevertheless, with office space still in demand, prime rents have held firm across all submarkets in both cities. Yields were also unchanged, supported by the strong investment appetite and the low interest rate.
Source : Cushman & Wakefield
