Geneva Office Market Profile – Q1 2024

Quarterly Geneva office market report of JLL Switzerland

May 03, 2024
  • Daniel Stocker

Q1 2024 saw a good activity in the Geneva region, with the supply rate stable at 6.0% compared with 6.1% in Q4 2023. The International Organisations submarket has recorded an increase, as the availability rate reached 5.5% this quarter, compared to 4.6% in Q4 2023. The Airport area has seen some significant transactions in the new Etang district, and supply continues to decrease to 15.4%, compared with 19.4% in Q1 2023.

Prime rents have increased to CHF 950/m²/year following two major transactions in Q1 2024. This increase was preceded by an initial rise to CHF 900/m²/year at the end of 2023. The rise in rents can be attributed to a shortage of competitive available space in the city center over the past few quarters, along with strong demand from occupiers.

Fill out this form to download report

There was an error submitting the form. Please try again. 



Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.