Zurich Office Market Profile – Q2 2020

New quarterly Zurich office market report of JLL Switzerland

August 03, 2020

The second quarter was dominated by the "extraordinary situation" which the Federal Council imposed on Switzerland from 16 March to 19 June, and the associated restrictions on economic and travel activities. However, the gloomy eco-nomic outlook is likely to have had a much more drastic effect on demand for office space than the restrictions. Negotiations stalled, decisions were postponed, and expansion plans were in many cases put on hold. Nevertheless, a slight recovery was noted in June. 

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