The European office leasing market in Q2 2024 experienced a continued recovery with key trends such as a flight to quality, Southern European cities outperforming, diverging UK performance, and stability in the German market. Vacancy rates slightly increased, but prime rents in core markets continued to grow, driven by occupier demand for premium-quality office space. Southern European cities, particularly Lisbon, Barcelona, and Madrid, exhibited the fastest recovery, driven by corporate demand for affordable and flexible workspaces. Stay informed on the latest trends and developments in the commercial real estate and workplace market by following The Hoxton Group's news updates.

The U.S. office leasing market in Q2 2024 showed mixed signals post-pandemic, with increased activity but reduced demand in key markets. The national vacancy rate held steady at 25.1%, and challenges persist, particularly for lower-tier properties. Ongoing shifts in tenant preferences and increasing distressed loans are crucial to monitor. Stay informed on the latest trends and developments in the commercial real estate and workplace market by following The Hoxton Group's news updates.

Discover our analysis of the performance of the commercial real estate market in the United States during the first quarter of 2024. Our report includes valuable insights on regional variations and the growth of coworking spaces. Stay informed on the latest trends and developments in the commercial real estate and workplace market by following The Hoxton Group's news updates.