Research

Geneva Office Market Profile – Q2 2020

Quarterly report on the Geneva office market by JLL Switzerland

August 03, 2020

The 2nd quarter was marked by the health crisis linked to Covid-19 and the containment period. Despite some projects relocation were postponed, the office real estate market in Geneva remained stable. The supply of vacant space reached a total of 238,600 sqm, representing a supply rate slightly down by 3% to 6.1% (6.3% in Q1 2020). This decrease is strongly marked in Plan-les-Ouates district where absorption rate of vacant space was higher.

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