Market Research

In the third quarter, Brussels take-up totaled 74,300 sq.m reflecting a marginal quarter-on-quarter increase of 2 %. This brings the take-up observed since January 1st to 255,500 sq.m, which is 12 % up on the same period last year.

In the rental market, occupier questions about their future office space needs characterized 2020. The demand for office space in the first 6 months of 2021 illustrate the outcome of that thinking.  The deals going forward provide some insight into the future dynamics of the sector.

Quarterly key statistics of the Brussels Office Market

After an unprecedented past year, the market indicators of the first quarter remain gripped by economic uncertainty and the intensification of teleworking. This context encourages companies to adopt a careful approach and the market indicators in Q1 reflect this fragile situation.

Quarterly key statistics of the Brussels Office Market

After a robust recovery in Q3, the economy looks set to slow into the year-end following renewed lockdowns in many European countries. Risks, however, remain predominantly skewed to the downside, as more and more countries have already decided to tighten their restrictive measures again.

While leasing activity experienced decline, the investment market ended 2020 at its highest level ever

Statistical data on the office market in Brussels by district for the year 2020