Office market Lausanne

Available office space in the city of Lausanne remains in scarce supply at a vacancy rate of just 1.9%. Only 12,300 m² of floor area in the city’s CBD, or just 1.5% of the total stock of office space there, stands vacant. The scant supply of office space in the city centre bolsters the prime rent level there, which has stayed unchanged at CHF 520 per m² per annum.

A complete renovation of the Hôtel des Postes will turn it into a modern, high-grade commercial building with 15,000 m² of office space by the end of 2025. The project in the coveted heart of the city is bound to encounter keen demand.

The office-space availability rate in the Lausanne region rose to 3.8% as of end-2024 from 3.2% a year earlier. The increase in vacant office space was attributable to the completion of several large projects in the Lausanne West/Crissier submarket, including the completed construction of a new eco-district in Chavannes-près-Renens.

The scant supply situation in the Vidy submarket, in contrast, has tightened further: the availability rate there dropped to 1.2% in 2024, contracting by 0.8 percentage point compared to 2023. Only office spaces under 1,000 m² are available for rent in this district of Lausanne. A similar situation exists in Pully, where only small office spaces with less than 500 m² of floor area are available and the vacancy rate stands at a low 1.1%. Those two submarkets are a little less centrally located, but the upscale quality of the office space and the above-average living environment there bolster the dynamics of the market.

A number of new real estate projects are currently under construction in Lausanne’s Malley district and in the adjacent municipality of Renens, and a number of leases have already been signed, for example for 10,000 m² in the Central Malley complex, which is scheduled to be built to completion by sometime in 2026. The first newbuild project – building A3 – has already been 80% pre-leased a year ahead of its completion.

Demand remains intact despite the substantial uptick in the availability rate in the Lausanne West/Crissier submarket (+4.1 percentage points, or +15,600 m²). The increase in vacant office space is explained by the recent completion of a number of different projects, particularly the Le Closel building with its 4,000 m² of available office space and the Quartier Horizon with its more than 7,000 m² of office space on offer.

Despite the above-average office-space availability rate of 15.0% in Lausanne West/Crissier, this submarket continues to attract enterprises that are seeking modern and easily accessible buildings with sustainability certifications. These new projects contribute to the modernisation of Lausanne West and are attractive options for businesses, even if it will take some time to absorb the new office space.

This page is part of the annual office market study by JLL Switzerland. Under the following links you will find detailed information on the individual regional markets.