2022-04-28-莱坊-European_Office_Dashboard_-_Paris_CBD_Q1_2022_2页_314kb

Summary of Power BI Dashboard: Q1 2022 CBD Research in Paris

The report, produced quarterly and based on Knight Frank Research data, provides an overview of occupier market activity in the Paris Central Business District (CBD) for Q1 2022. Key findings include:

• Market Performance: Occupier take-up in the Paris CBD increased by 52% year-over-year, driven by sustained demand from sectors like finance, luxury, consulting, and co-working. The overall vacancy rate stood at 49.5%, with the CBD at 3.9%, remaining low despite new project launches due to strong occupier interest and focus on central locations.

• Rent Levels: Prime rent in the CBD reached €940 per square meter per year, supported by upward pressure from strong demand and limited supply, with a 0.2 million square meter increase in take-up.

• Economic Context: Economic indicators show improving mobility, a near-pre-pandemic unemployment rate in France aligning with Eurozone averages, and continued expansion in the services sector based on high PMI readings, indicating increased employment expectations.

• Focus Areas: The market benefits from high-quality supply, with major transactions involving recently delivered or redeveloped assets.

Contact details for further inquiry are available from Knight Frank representatives.