The third quarter of 2015 showed a positive trend in demand for good quality office space in the European cities we analyse. Take-up in Q3 was 11% above the 5-year average and was more than 35% up on last year in half of the markets.
There is evidence in at least a quarter of our markets that incentives for prime office space are going down. Overall rent free periods account for about 9.1% of the total lease period, down from 11.1% in Q3 14 and 13% in Q3 13.
Source : Savills