Prime office real estate annual rental growth in Europe 2024-2028, by city

Published by Statista Research Department, Nov 8, 2024

Prime rents in the major office markets in Europe are expected to grow year-on-year between 2024 and 2028, according to a May 2024 forecast. London City and London West End are expected to achieve the highest rental growth, at 3.5 and 3.4 percent per annum - more than double the average rental growth forecast for all markets. In Europe, central city offices had better investment and development prospects. 

Average annual prime office real estate rental growth forecast in Europe from 2024 to 2028, by city

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Source

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Release date

May 2024

Region

Europe

Survey time period

2024

Number of respondents

12 respondents

Special properties

real estate organizations

Supplementary notes

Real estate organizations that contributed to the survey include abrdn, AEW, Aviva Investors, AXA Investment Management, blackolive advisors gmbh, BNP Paribas Real Estate, Capital Economics, CBRE Investment Management, CoStar, Cushman & Wakefield, DWS, Invesco, JP Morgan Asset Management, LaSalle Investment Management, and Lisney. 


According to the source, prime rent refers to achievable prime rental values for offices located in the city center, in buildings of representative size and lease terms for modern structures in the best location.

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