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At A Glance - Q1 2023
Slowdown in activity was already noticeable in the second half of 2022, and this trend is continuing at the beginning of this year. Office take-up in the Brussels office market began the year on a low note with 71,300 m², -4% compared to Q1 2022 and -25% compared to the ten year quarterly average. Occupiers are cautious due to the uncertain economic context characterized by ongoing price increases, business slowdown and persistent geopolitical tensions. In this situation, potential tenants are more selective in their choices, giving particular attention to the property's location and quality.
Brussels Office Market - Dashboard Q1 2022
Quarterly key statistics of the Brussels Office Market
At A Glance - Q4 2021
Leasing activity during the final quarter of the year was extremely intensive and closed 2021 in a positive way. Some 195,200 sq.m of office space were let bringing the total year at 450,700 sq.m.
Brussels Office Market - Dashboard Q4 2021
Quarterly key statistics of the Brussels Office Market - Q4 2021
At A Glance - Q3 2021
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.
Brussels Office Market - Dashboard Q3 2021
Quarterly key statistics of the Brussels Office Market - Q3 2021
At A Glance - Q2 2021
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.
Brussels Office Market - Dashboard Q2 2021
Quarterly key statistics of the Brussels Office Market
At A Glance - Q1 2021
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.
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