The vacancy rate eased to 7.1% in the second quarter of the year.

According to Cushman & Wakefield’s latest report, three-quarters of all office leases signed in the past year involved core properties in central urban locations.

Since 2020, rent increases in central business districts (CBDs) have outpaced those in peripheral markets by a factor of two.

Rapid rental recovery is being observed in office spaces across European city centers.

As developers brace for record-low levels of new development through 2026.

The rate of new developments has decreased by 40% year-over-year in the U.S.

Old offices make up more than 90% of the total stock.

A strong comeback for offices last year, according to Savills.