Onderzoek
Utrecht Office Market Dynamics, Q4 2024
Summary and analysis of Utrecht's current office real estate market conditions.
februari 25, 2025
Contributors:
- Tilly Spierings
- Barthold van Hasselt
- Sven Bertens
Total office take-up in Utrecht reached 58,910 sq.m. in 2024, a 6.0% year-on-year increase, while the vacancy rate dropped to 4.2%, well below the Dutch average of 5.6%.
The prime rent held steady at €325 per sq.m. per annum but is expected to rise soon due to sustained demand and limited high-quality supply.
Investment volume for 2024 totaled €77.0 million, with Q4 contributing €36.0 million, signaling sustained interest in mostly value-add opportunities.
