2023-07-26-莱坊-European_Office_Dashboard_-_Paris_IDF_Q2_2023_2页_557kb

报告摘要

Market Performance: In Q2 2023, the Île-de-France office market experienced 449,635 square meters of take-up, a 9% increase quarter-on-quarter and a 20% decrease year-on-year from Q2 2022. Total take-up for H1 2023 reached 863,591 square meters, reflecting a drop compared to the previous year's H1 period.
Rental Trends: Average rent rose to €485 per square meter annually, up 7% from Q2 2022, influenced by economic pressures.
Vacancy Rates: The vacancy rate increased to 7.9%, a 10 percentage point rise quarter-on-quarter. Submarkets vary significantly, ranging from 10-15% in peripheral areas to near 20% in peripherique and Northern Inner Suburbs.
Causes: Economic uncertainty has led companies to delay finalizing office space decisions and prioritize lease renegotiation over relocation to mitigate costs.
Supply: New supply slowed in 2023, with an expected 610,000 square meters delivered for the year, half still available for lease. However, 2024 and 2025 projections indicate higher supply volumes, up to 1.32 million and 1.2 million square meters respectively.
Economic Context: France's unemployment rate stood at 7.1% in Q2 2023, moderately expected to rise to about 7.5% by 2024 before stabilizing below pre-pandemic levels. Services PMI declined in Q2 2023, signaling contraction due to weak demand.
Queries for Analysis: This dashboard provides quarterly updates from Knight Frank Research, based on data from sources like INSEE and S&P Global.