Summary and analysis of Zug's current office real estate market conditions.
In the Zug region, office availability has decreased from 3.0% at end-2024 to 2.5% currently. Since late 2021, available office space has contracted dramatically, falling by 55% (-40,400 sq.m.). The city of Zug faces particularly constrained conditions with just 0.9% of stock available.
High-quality, well-located vacant offices in this region are being absorbed more rapidly than in comparable markets.
Some relief may emerge in the medium term as new developments complete in Rotkreuz, Baar, Cham, and Zug between 2026 and 2028.