Research
Zurich Office Market Dynamics, Q3 2024
Summary and analysis of Zurich's current office real estate market conditions.
October 23, 2024
Contributors:
- Daniel Stocker
- Marijan Bregovic
The increase in available office space in the Zurich region continued in the third quarter of 2024, with the availability rate rising again by 10 basis points to 5.2% (previous quarter: 5.1%).
Demand for modern offices in prime locations remains stable.
Construction activity remains subdued compared to previous years. On the other hand, some older properties from the existing stock will come onto the market. Conversely, it was also observed that a few properties were taken off the market without the letting of office space being announced.
