Research

Zurich Office Market Profile – Q4 2020

New quarterly Zurich office market report of JLL Switzerland

February 19, 2021

The increase in COVID-19 infections at the beginning of the 4th quarter noticeably dampened economic activity. Measures to combat the virus were gradually tightened. The willingness of companies to make decisions declined again and the demand for office space, which recently experienced a slight revival, was reduced. As in the previous quarter, an increase in the supply of available office space was also measurable for the 4th quarter of 2020. The increase in the Zurich region amounts to 30,700 sqm and the total supply now stands at 371,600 sqm. The supply ratio increased from 4.3% to 4.7% compared to the previous quarter.

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