The Central Business District (CBD) in Madrid, Spain had the lowers office vacancy rate in the first quarter of 2024.
Office vacancy rates in the U.S. 2017-2023, per quarter Published byStatista Research Department,Jan 30, 2025 Vacancy rates across the office real estate sector in the U.S. increased during the coronavirus pandemic. Before 2020, the quarterly vacancy rate was around 12 percent, but as the ...
Demand for office space rises: Vacancy rates in city, suburbs down for second quarter in a rowDavid Roeder
London isn’t only a city steeped in history; many of its buildings are surrounded by an aura of mystery and dark forces. In fact, even some of the city’s modern office buildings are said to be haunted places. If you’re an employee working late in certain London offices, you might ...
A new study from real estate company Cushman & Wakefield shows that since the stay at home orders were put into place and people began working at home, office vacancy rates have skyrocketed to 14.1% at the end of September. SAN FRANCISCO - The number of vacant offices in San Francisco...
September 20, 2024 / 6:13 PM PDT / CBS San Francisco San Francisco's office vacancy challenges continue, with the rate seeing a slight increase due to Elon Musk's decision to sublease X's Mid-Market headquarters. "It was a stab in the back, especially from a company that has got so...
Stock & Vacancy Rate By City, 2023 Source: Savills Research 0 0% 1.6 10% 3.2 20% 4.8 30% 8.0 50% 6.4 40% 9.6 60% 11.2 12.8 10.9 8.6 6.9 2.5 2.1 1.4 1.4 1.2 0.4 0.2 Existing Stock (LHS) Vacancy Rate (RHS) GBA Average Vacancy Rate (RHS) GBA Average Vacancy Rate: 27.2...
In 2024, the Austrian office market will be shaped by the economically challenging situation, by companies aiming to increase attendance rates and optimize their office portfolios as well as by the demand for sustainable spaces. Vienna is proving to be a resilient office market with a low vacancy...
The nation's office vacancy rate is increasing and more landlords are growing more anxious to fill empty space, as concessions grow more aggressive and lease rates tumble in a severely depressed market. From Reuters: The U.S. office market vacancy rate r
Vacancy rates fell for the last six months of 2024, according to research from brokerage JLL, a marked change from the steady increase since the COVID-19 pandemic arrived five years ago. More than a dozen office-to-residential conversion projects have been proposed in the city, which has ...