Onderzoek
Utrecht Office Market Dynamics, Q3 2024
Summary and analysis of Utrecht's current office real estate market conditions.
november 19, 2024
Contributors:
- Sven Bertens
- Tilly Spierings
Total office take-up in Utrecht reached approximately 45,880 sq.m. in the first three quarters of 2024, remaining stable compared to the same period last year.
The scarcity of high-quality space continues to fuel rental growth. However, the extreme shortage of immediate future supply in the CBD may paradoxically constrain further prime rental increases in the upcoming months.
The investment volume remains well below the historical average, but the yield spread is increasing and the improvement in investor sentiment is suggesting a potential market upturn.
