Zurich Office Market Dynamics, Q2 2026

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The decline in office supply that began at the start of the year continued into the second quarter. The availability rate in the Zurich region fell to 5.1% (compared with 5.2% in Q1).

A bunch of lettings contributed to the reduction of available office space, although this was not uniformly evident across all areas. Significant variations in vacancy trends were observed between different submarkets.

Construction activity has decreased significantly compared with previous years. It is also worth noting that, in the case of certain properties, a change of use is being sought and, as a result, these are no longer being offered on the market for office letting.