Eindhoven Office Market Dynamics, Q2 2024
Summary and analysis of Eindhoven's current office real estate market conditions.
- Sven Bertens
- Tilly Spierings
Take-up in H1 2024 showed signs of improvement, with approximately 12,560 sq. m. of leases signed. This outperformed the same period in 2023, although the take-up volume remained below the five-year average.
Occupiers in Eindhoven prioritize dynamic environments to attract employees back to the office, driving rapid occupancy turnover for A-grade spaces in the city center, Strijp-S, and the HTC area. However, limited supply in this segment restricts take-up volume.
The office investment market received a boost with the transaction of EDGE Eindhoven in station area. The extensive development plans for station area have begun with the construction the of state-of-the-art buildings for office and residential use.