European Office Update H1 2025

The European office market is evolving as occupiers adapt to shifting workplace strategies, sustainability demands, and economic conditions. Cushman & Wakefield’s European Office Market Update for H1 2025 offers a comprehensive analysis of key trends shaping the market across Europe, including leasing activity, vacancy levels, rental growth, development, investment and finance trends, market outlook and more.

Drawing on trends across European office markets, the update shows which markets are leading the office recovery, the elements driving a reduction in vacancy which now sits at a possible inflection point, and the market dynamics reinforcing investor confidence. It provides insights that occupiers and investors can use to identify opportunities and manage risk in the current cycle.