The third quarter showed another slowdown in occupier activity, bringing cumulative year-to-date take-up to 127,875 sq.m., which is 38% higher annually but remains well below the five-year average.

Confirming the trend recorded earlier, vacancy increased marginally during the quarter to 4.3% and remains among the lowest in Europe.

Prime rents ended unchanged at city level at €54/sq.m./month, while average rents rose to €33.6/sq.m./month.